chainlink VS safe-smart-account

Chainlink (LINK) – The Blockchain Oracle Giant

Chainlink allows smart contract developers to receive a wide variety of off-chain data, with the most commonly used features being receiving off-chain randomness and off-chain pricing data. Integrating your smart contracts with Chainlink provides a unique set of potential security vulnerabilities that attackers can exploit; here are the common vulnerabilities that smart contract developers & auditors need to look out for.

In some way, I'd also put Chainlink in that category since they allow to access open world data on-chain and making dapps more relevant as a result.

Smart contracts have revolutionized various industries by enabling the automation of agreements and transactions in a secure and decentralized manner. However, for smart contracts to reach their full potential, they need access to real-world data and external systems. This is where Chainlink comes into play.

I would suggest the use of an oracle like chainlink. Link: https://chain.link - I don't know exactly what your specific requirements are since I cannot review your code but a thirdparty oracle sounds like it could offer you at least some direction.

🥁 Introducing Co:OPERATE @ EthCC by Celo with Co:HOST Chainlink!

Etherisc has built a platform (Generic Insurance Framework) for decentralized insurance applications. We use blockchain technology to help make the purchase and sale of insurance more efficient, enable lower operational costs, provide greater transparency into the industry and democratize access to reinsurance. We’ve been around since 2016, have many high-profile collaborators (including Chainlink) and are proud of the innovative applications of the parametric insurance products built on our platform, including travel delay, crop and carbon credit protection.

As well as feeding real-world data to smart contracts, oracles can be used to monitor other blockchains and pass information about them between networks. Chainlink has made progress in this direction, with their Cross-Chain Interoperability Protocol (CCIP). This enables the creation of multi-chain apps. The protocol is maintained by a decentralized network of nodes. However, this is unlikely to be as secure as the chains between which messages are being sent.

Chainlink is not a blockchain - it's a "heterogeneous network", i.e. an open-source protocol for building oracle networks. Chainlink is 'blockchain-agnostic', aimed at connecting any chain to any API/external system and supporting interoperability between chains. Besides ETH, it has existing or planned integrations with: ONE, ADA, XTZ, MATIC, HBAR, DOT, BSC, ATOM, LUNA, etc.

Recently, I had a chance to work on an interesting task where I needed to integrate the Gnosis Safe multi-signature wallet into the existing application.

Resolv's Protection Protocol™ would implement the highest level of security on all fronts. Our multi-sig wallet is created using Gnosis Safe's industry-standard infrastructure. The keys for said wallet would be distributed amongst the most trusted players in the space (i.e. Kleros, Polygon). This is done so that no one party has full control over the custodian wallet holding everyone's assets. As a result, our customers can rest easy knowing that not one person could run away with the entire pot. We'd also use AES 256-bit encryption to make sure user data is kept safe and inaccessible by third parties.

Prefer self-custody. If you don't feel comfortable, then start with small amounts on a trusted CEX (Coinbase eg.) and then move to self custody. A wallet should be open-source, audited, offers security bounties, is Battle -tested and easy to use. For small funds, use metamask. For big funds use hardware wallet, https://airgap.it (with old Smartphone/device) or a smart contract multi-signature wallet (https://safe.global).

There is the exception of https://safe.global though.

Here a few links in case you want to try out some different wallets: * https://safe.global * https://metamask.io * https://trezor.io * https://onekey.so * https://keyst.one

But if you insist, you can use https://airgap.it or http://safe.global. There the company influence is much less

Self-custody on https://safe.global wallet. Safe Wallet is the gold standard for large funds on EVM-compatible chains. It's audited, open-source, bad bounty programs, battle tested, supports virtually all defi and has multi-sig. What more to you want? Ah, did I forget to mention, that it is formally verified and had the correctness of the smart contract code proven? 😎

If you're only holding coins and not moving them frequently, then a paper wallet might be good. Just generate your seed phrase and address in an air-gapped device (e.g. old phone) and send ETH to that address. If you want a bit more flexibility of usage you can use https://airgap.it or an hardware wallet such as Trezor, Keystone or OneKey. And the ultimate gold standard is to use a Safe Wallet (https://safe.global). It's a multi-signature wallet and is even formally verified to be correct. It's the best choice atm.

Or even better just https://safe.global for a secure, audited, formally verified, battle tested and open source smart contract multi-signature wallet. It has arguably the best security guarantees you can have atm.