Simple question, which are the best practices to safely store money collected by ICOs. I know multisig is an option, but after multisig suicide doesn't sound so good. There are more?

1 Answer 1


I'd say multisig wallets are pretty ok. The problem with parity's multisig wallet was not in the contract, but in the procedures they should have followed to safely deploy it.

  • would you elaborate "procedures they should have followed"?
    – Davide C
    Dec 5, 2017 at 11:32
  • 1
    From their post-mortem analysis the fault was in the procedure to follow when deploying such critical component. They didn't have an explicit procedure, and deployment was done ad-hoc. In the rush to fix the previous bug they forgot the critical step of initializing the "library" contract.
    – Ismael
    Dec 5, 2017 at 14:25

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