Trustless BLT #3
Open
Conversation
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
ipatka
requested review from
alainmeier,
backus,
bijeebuss,
djvs,
edhedges and
JaceHensley
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
Add this suggestion to a batch that can be applied as a single commit.
This suggestion is invalid because no changes were made to the code.
Suggestions cannot be applied while the pull request is closed.
Suggestions cannot be applied while viewing a subset of changes.
Only one suggestion per line can be applied in a batch.
Add this suggestion to a batch that can be applied as a single commit.
Applying suggestions on deleted lines is not supported.
You must change the existing code in this line in order to create a valid suggestion.
Outdated suggestions cannot be applied.
This suggestion has been applied or marked resolved.
Suggestions cannot be applied from pending reviews.
Suggestions cannot be applied on multi-line comments.
Suggestions cannot be applied while the pull request is queued to merge.
Suggestion cannot be applied right now. Please check back later.
Remove privileged keys from BLT contract. Bloom currently holds keys which enable the holder to have administrative control over some token functionality. These privileges include granting vested tokens, minting tokens, burning tokens and freezing transfers. These privileges are commonly found in dApps with ERC20 token as they allow project creators to respond to discovered vulnerabilites. However in order to be a truly decentralized protocol these privileges must be revoked. This BLIP proposes a procedure to revoke admin privileges from the Bloom Company over the BLT ERC20 token.
The
Token Controllermay not be able to be self destructed or burned by transferring control to the0x0address. This is becase theToken Controlleris a smart contract that implements certain methods which are called during allBLTactions like transfers. If the controller is disabled improperly it will freeze all ERC20 functionality.