What is a Token Authority?
Last updated
Was this helpful?
Last updated
Was this helpful?
In a nutshell, the Token Authority is another smart contract which will protect your smart contract from being attacked, altered, or tampered. The Token Authority acts as an authority which checks if the transaction is malicious or not.
The blockchain network that is recommended to deploy Token Authority is Oasis network.
Oasis blockchain is one of the chains which has privacy enshrined as one of their native features.
Sapphire ParaTime is one of the layers in Oasis which is EVM compatible.
"Sapphire is our official confidential ParaTime providing a smart contract development environment with Ethereum Virtual Machine (EVM) compatibility." - Oasis documents