Posts

Showing posts with the label bnb chain

BNBChain unveils secure multi-signature wallet

BNBChain has launched its safe multi-signature wallet service, BNB SafeWallet. It is based on the Gnosis Safe protocol and runs on the BSC network and opBNB.  According to BNBChain’s blog post, the launch of Gnosis Safe Multisig on the Binance Smart Chain is a milestone in enhancing security for the BSC network and beyond.  Gnosis Safe, a smart contract wallet , boasts core multisig functionality, enabling advanced execution logic, access management, and high security. The protocol supports various wallets controlled by one or multiple owners for wallet security. BNBChain’s Safe multi-signature wallet service, utilizing the Gnosis Safe protocol, provides a storage solution for digital assets.  Users can define owner accounts and a database threshold number of confirmations required for transactions, ensuring security measures. To access the BNB Chain multi-signature wallet service, users must initially create a Safe, the team says. Gnosis Safe is a decentralized...