To avoid hacking and exploitation, the following methods shall be applied:
- Smart contracts on the connected chains (i.e. Binance Smart ChaiChain, ONUS)chaichain will be audited by a trusted third party with extreme caution and scrutiny. When Pi Network's mainnet is active, smart contracts will also be developed and audited accordingly;
- The system will detect transactions with abnormal elements such as large volume, high frequency, or repeated and similar ones in a short period, and other suspicious activities;
- The contract includes a pause function that allows immediate halting of all transactions in emergencies, which will be for renouncement after the system has been tested with time and deemed as error-free;
- For insurance and protection purposes, a reserve fund will be set up to minimize negative impacts on users and the system.