BIP-014 Increase Multisig For BBH Wallets
Status: Passed
Author: AlexPanda & CryptoChicca
Discussions-to: Hideout forum
Created: November 17, 2021
Buzzed Summary
To increase the multisig on the Buzzed Bear wallets to include cryptochicca and alexpanda. This will increase from 3 to 5 people able to sign transactions for Buzzed Bear Hideout. Only 2 are required to undertake a transaction.
Abstract
Buzzed Bears are starting to implement aspects of the investment strategy (BIP-003), and these require purchases from buzzed bears wallets, in order to spend honeypot funds for the benefit of bears.
It is proposed to increase the multisig from 3 people to 5 people, and include @cryptochicca and @alexpanda. Given bears operate 24/7, this will help with efficiency in supporting necessary transactions.
Specification Overview
Add @cryptochicca and @alexpanda as multisig to increase people that can sign transactions for Buzzed Bear Hideout to 5 people. Only two are required to undertake the transaction, that will remain.
Rationale
The reasons for this proposal are:
Promoting good governance for the Buzzed Bear Hideout brand
Providing risk management to Buzzed Bear holders
Helping implement transactions for Buzzed Bears
Technical Specification
@defijesus to add @cryptochicca and @alexpanda to the multisig for Buzzed Bear Hideout wallets and provide necessary training to those two.
Test Cases
@mesk85 has been added and trained as a test case, and this has been very successful. It is now time to add two trusted mods to the multisig to help facilitate hideout outcomes.
Copyright
Copyright and related rights waived via CC0.
Last updated