Technical Functionality of DAO.vc

Main System Components:

The DAO.vc platform will have its components relying on the following technical solutions and languages.

The DAO itself will have the implementation of its voting mechanism based on BIP-20 inside the Binance Smart Chain. The publication of voting results will be effectuated on the Ethereum blockchain via a BSC-ETH Bridge.

Node.Js Backend Microservices will be acting as the main backend of the platform, services for parsing of the ETH - BTT blockchains with a BSC-ETH bridge.

Interaction of the frontend with all platform microservices will be realized via REST.API and WS/

The Liquidity Pool will be based on the ERC-20 standard, accepting all relevant token and coin formats compatible with the Ethereum blockchain.

Platform Security

Platform security is a paramount factor for the development team, as ensuring the safety of user funds and the transparency, and incorruptibility of voting results, are the founding concepts behind the functioning of a Decentralized Autonomous Organization.

The following security measures will be implemented on the DAO.vc platform:

• Strong validation and sanitizers to prevent SQL injection;
• Strictly limited access to the server running the backend;
• Hashing passwords of all types of users;
• Exchange of messages between services via bus inside one server, making external hijacking and changes impossible;
• System of access to certain functions of the platform based on issued rights.

Smart Contract Security

The security of smart contracts running the DAO.vc will be ensured based on the following measures taken:

• Protection against unauthorized access via Role-based Access Control (RBAC);
• Protection against repeated withdrawal of funds from contract attacks;
• Strict typing of input and output parameters of methods to ensure correct operation of smart contracts;