How should the platform handle blacklisted wallets?

General
1

Hello Everyone,

Blockchain is all about transparency and security, but we are considering what happens when a wallet gets blacklisted. How should ARMswap deal with this? Should we freeze assets immediately or would a more subtle approach be more appropriate?

Here are a few options that can be considered:

  1. Automatic Freezing: Just like it sounds, your wallet gets blacklisted, freeze the assets to prevent any movement.
  2. Community Voting: Get a vote on whether to freeze or ban the wallet. The community gets to have a voice and decide collectively.
  3. Investigation: We temporarily suspend the card and then investigate the issue.
  4. Warning: Instead of an instant ban or asset freezing, issue a warning and track the activities.

Let me know your thoughts in the comments below. Is there any idea I didn’t consider? Drop it! Because your input will shape how ARMswap handles this security challenge moving forward.