Announcing ThunderCore Safe, A Gnosis Safe-Forked MultiSig Service

We are proud to announce the launch of our new multisig service, ThunderCore Safe, a secure and simple way to store and access your crypto funds through the power of multisig security. ThunderCore foundation puts the safety of our ecosystem’s crypto assets above everything else, and only the best security technology will suffice.

ThunderCore Safe is the result of our partnership with blockchain security experts Protofire, who has played a pivotal role in bringing the same smart contract standard and function with security audit of Gnosis Safe to the ThunderCore blockchain.

How Multisig Benefits Users and Developers

Multisig security has gained a lot of attention in the crypto space in recent years due to its effectiveness in protecting digital assets, as confirmed by several security studies. A multisig wallet greatly enhances the security and flexibility of the wallet. The creator or owner of the multisig wallet sets up a certain number of signers or keyholders who must approve any transaction before it can be executed.

For developers, multisig wallets help them to implement a decentralized ecosystem. Multisig wallets can be used to facilitate decentralized decision making among a group of individuals or organizations. This can be useful for managing funds for decentralized autonomous organizations (DAOs) or other types of decentralized applications. Moreover, it can simplify complex workflows involving multiple parties by automating the authorization process. This can save time and reduce the potential for errors or fraud.

Recently, Vitalik Buterin has emphasized the importance of multisig support for its role in Ethereum security. He uses a multisig wallet to store the majority of his funds, as does the Ethereum Foundation. Multisig wallets provide most of the benefits of self-custody without requiring users to be personally responsible for their entire security setup, which is a major pain point stifling the mass adoption of cryptocurrency.

About Protofire’s Multisig Services

Protofire is a leading name in Web3 security and has developed a range of decentralized custody protocols and collective asset management platforms such as EVMOS Safe and Moonbeam Safe multisig wallet.

By partnering with Protofire to launch ThunderCore Safe, we’re offering the same standard of multisig service as Gnosis Safe, which is a trusted decentralized custody protocol and collective asset management platform on Ethereum and the Ethereum Virtual Machine (EVM).

Protofire has meticulously integrated Gnosis Safe fork services to enable the core multisignature wallet’s functionality, deployed smart contracts that underwent the latest security audits, and built a user interface that allows users to create a custom multisignature wallet in less than a minute. Additionally, Protofire deployed a resilient geo-redundant infrastructure to optimize and accelerate page load time, ensuring high availability and reliability for users. This partnership with Protofire demonstrates ThunderCore’s commitment to providing users with secure and user-friendly blockchain solutions, and the creation of ThunderCore Safe will undoubtedly benefit the ThunderCore community.

Conclusion

ThunderCore Safe is now available for use, and we encourage our users to take advantage of this service to keep their digital assets secure. We are committed to ensuring the continued security of your crypto assets and will continue to prioritize this as we develop new products and services.

For more information about ThunderCore Safe and other ThunderCore services, please visit our website at https://thundercore.com/.

About ThunderCore

ThunderCore is among the world’s top 5 blockchains and the only platform growing DApp users organically through ecosystem retention, which will be the key driving force behind the real mass adoption of blockchain. Its proof-of-stake (PoS) architecture, EVM compatibility, entertainment-first ethos, and deep developer support provide a battle-tested home for the next generation of crypto innovators across Web3, DeFi, NFTs, GameFi, and the metaverse.

Thanks to its unique PaLa consensus mechanism, ThunderCore can handle 4,000+ TPS with sub-second confirmation times and ultra-low gas fees kept at a fraction of a cent.

ThunderCore Token (TT), the chain’s popular native asset, can be stored in the feature-rich TT Wallet, together with other supported ecosystem assets.

Created in 2017 by Silicon Valley tech entrepreneur Chris Wang to help solve Ethereum’s scalability issues, ThunderCore was able to reach such an achievement in ecosystem retention because of the proven, stable, scalable, and secure blockchain technology built over the last five years.

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