Security
The safety of our users is paramount to us.
Ordinals Security
As mentioned, each ordinal raffle prize is not held on Merlin Chain. Let's say, for example, we are raffling a Rune Stone. The Rune Stone is safely stored in our treasury wallet on Bitcoin Main Net. Users who go to the raffle app will see a mirror of the Ordinal on the UI.
When a winner is drawn, the treasury on Bitcoin's main net is signaled with the winning Ordinals wallet and the Rune Stone is then sent directly to that wallet. This means that the Rune Stone doesn't have to go cross-chain and potentially get lost, and the raffle winner does not need to spend extra fees claiming it because we send it directly to you.
Bitcoin Security
Our Raffle smart contract underwent extensive testing, with over 100 rounds of main net activity before its deployment on Merlin Chain. We have a proven track record of zero exploits, and the contract operates trustlessly and is fully decentralized, further ensuring user funds' security.
Last updated