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Safe Labs Launches Safenet Production Reviews for Multisig Transactions

Safe Labs Launches Safenet Production Reviews for Multisig Transactions

Photo: TokenPost

Safe Labs has brought Safenet into production within Safe{Shield}, adding pre-execution reviews for Safe multisig transactions across Ethereum, Arbitrum and Gnosis Chain, where the service is available to Safe Pro users. BlockSec, Candide, IntentGuard and OpenCover assess transactions before they execute. Each firm must stake collateral against its assessments, and an incorrect decision can lead to that collateral being slashed. Safenet records review outcomes on the blockchain. Safe Labs plans to extend Safenet to all Safe multisig users in 2027. It also plans to introduce Safenet Guard, an optional onchain enforcement module. Simon Yoon reports on blockchain technology for TokenPost.

Source: TokenPost

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