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Privileged roles and EOAs.md

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Trusted actors who have privileged roles with capabilities to deploy contracts, change critical parameters, pause/unpause system, trigger emergency shutdown, withdraw/transfer/drain funds and allow/deny other actors should be addresses controlled by multiple, independent, mutually distrusting entities.

They should not be controlled by private keys of EOAs but with Multisigs with a high threshold (e.g. 5-of-7, 9-of-11) and eventually by a DAO of token holders. EOA has a single point of failure.


Slide Screenshot

0161.jpg


Slide Text

  • Privileged Roles/Actions
  • Deploy/Modify/Pause/Shutdown/Withdraw/Whitelist
  • EOA Vs MultiSig
  • EOA -> Single Point of Failure
  • MultiSig -> Privilege Separation

References


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