Ownership & security
Some considerations
Last updated
Some considerations
Last updated
Founder keeps contract ownership in order create new lotteries and set variations on new ones.
Owner has no access to any funds stored in the contract.
The contract is immutable, except for lottery parameters that can be set only when no lottery is running. Once a lottery has started (= is open) params are not editable anymore until current lottery ends.
In the worst case scenario in which owner loses his admin keys or his wallet gets compromised, funds in the Jackpot are not at risk.
The lottery draw can be triggered by any user as soon as the minimum participants number is met and the is exhausted.
In worst case scenario in which owner loses his admin keys or his wallet gets compromised, without owner control, no new lotteries can be opened, so not a big drama for users... we will deploy a new contract and update the front-end (website) pointing it to the new contract! 😜🤟
💥NOTE: there's a proposal for a governance tool that would let users create new lotteries and set variations / params. Check the relative section: .