Monad Co-Founder Releases Security Checklist for Protocols

Monad co-founder Keone Hon has shared a security self-checklist for protocols on the X platform. According to Odaily, the checklist focuses on key issues such as management permissions, fund security, and multi-signature mechanism design. It includes ten main points: 1. Identify which administrator functions could lead to fund loss. 2. Ensure all related operations have time locks. 3. Establish a real-time monitoring mechanism. 4. Provide timely alerts when administrator functions are called. 5. Review all privileged accounts and adopt a multi-signature (k-of-n) structure where possible. 6. Define signature threshold parameters clearly. 7. Multi-signature signers should use independent cold devices solely for signing operations and follow best practices, such as independently verifying transaction hashes. 8. Set withdrawal rate limits and avoid control by the same multi-signature. 9. Ensure employee devices have malware detection and management capabilities. 10. Prepare for extreme scenarios where multi-signature signers are compromised, reverse-engineer potential attack paths from an attacker's perspective, and optimize system design to increase attack cost and complexity.