Security Considerations
Security is a top priority for Bitflare. The platform operates on the Ethereum, Binance Smart Chain (BNB), and B^2 networks, leveraging their robust and established smart-contract infrastructures. Bitflare’s security model is built on these networks' proven capabilities, minimizing additional trust assumptions.
Audits and Risk Mitigation
While Bitflare benefits from the inherent security of its underlying networks, it also undergoes rigorous audits to ensure the safety and integrity of its operations. By following industry best practices, Bitflare minimizes the risks associated with smart contracts and provides users with a secure environment for staking and trading.
Trust Model
Bitflare’s trust model is straightforward: it relies solely on the security of the underlying blockchain networks. This approach ensures that users’ assets are protected from both external threats and potential internal vulnerabilities, making Bitflare a reliable platform for Bitcoin staking.