The Guardian Contract and Lock Registry are exciting new mechanisms for securing your NFTs! The new machine comes from the CyberKongz builders and could give customers the ability to secure the NFTs of their blistering wallets. Significantly, this can increasingly provide much-needed security against scams.
About The Guardian Contract and how it can secure your NFTs
Basically, this new way of on-chain two-factor authentication (2FA) comes from the developers for the CyberKongz NFT Collection. The solidity of the project, Owl (@OwlOfMoistness on Twitter), explicitly defined how this new machine came about because of an incident involving the VX CyberKongz.
Basically, CyberKongz’s staff has combined its Lock Registry, as it can lend a hand to homeowners if they want to stake out their belongings here. Then, on the day CyberKongz introduced Play & Kollect, a holder’s seed word was compromised. However, due to the Lock Registry, the hacker is now unable to access the holder’s VX CyberKongz.
It is vital to note that the hacker might be able to access the NFTs with a little extra time. This is where the addition of The Guardian Contract comes into play.
Essentially, the Guardian Contract lets a person in to settle an Ethereum deal with because the father or mother has made a special deal for possessions. Then the father or mother, and best the father or mother, has the ability to attach, release and release and switch those NFTs.
In addition, The Guardian Contract has an unlock and transfer name that robotically switches NFTs to a protected wallet. Obviously, this feature is usually a lifesaver for individuals who have had their wallet compromised through a hack or scam.
Overall, this great feature can allow NFT homeowners to keep their NFTs in a sweltering wallet, while containing the protection of a chilly wallet at best. Given the increasing collection of NFT scams, the Guardian Contract could be an absolute game-changer.
You can learn more about how The Guardian Contract works in Owl’s full blog posted here.