3). Introducing Multi-Party Trust and Audit Mechanisms

  • Third-Party Security Audits: Invite independent security organizations to audit the system, verifying the effectiveness of security measures and publishing audit results to enhance user trust.

  • Community Oversight and Feedback: Establish a community oversight mechanism, encouraging users to participate in monitoring and providing feedback, helping to promptly identify and resolve issues.

  • Multi-Signature Wallets: Use multi-signature wallets for fund management, requiring approval from multiple authorized parties before funds can be transferred, preventing single points of failure and internal misconduct.

Third-party audits and community oversight increase system transparency and user trust, while multi-party trust mechanisms prevent internal corruption and fund misuse risks.

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