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Increased Speed: MsB uses off-chain payment channels to facilitate fast and efficient transactions, reducing the time and fees associated with traditional Bitcoin transactions. Enhanced Security: MsB uses a third-party Oracle to resolve disputes and ensure the integrity of transactions. Flexibility: MsB can be used by any cryptocurrency and it allows for the integration of other digital assets in the future. Scalability: MsB can handle a large number of transactions, making it suitable for high-volume use cases. Adaptability: MsB includes a function that allows for updates to the fee percentage and maximum percentage in the future without having to deploy a new contract.
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pragma solidity ^0.8.0; | ||
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contract MultiSigWallet { | ||
address[] public owners; | ||
mapping(address => bool) public isOwner; | ||
address public owner; | ||
address public spender; | ||
address public recipient; | ||
uint public value; | ||
contract SecureSpeed { | ||
// Payment channel data structure | ||
struct Channel { | ||
address user1; | ||
address user2; | ||
uint deposit; | ||
bool closed; | ||
} | ||
mapping (address => mapping (address => Channel)) public channels; | ||
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constructor(address[] memory _owners) public { | ||
owners = _owners; | ||
for (uint i = 0; i < owners.length; i++) { | ||
isOwner[owners[i]] = true; | ||
} | ||
// External Oracle | ||
address externalOracle; | ||
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//Transaction fee | ||
uint fee = 0.01; | ||
uint maxFee = 5 ether; | ||
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constructor(address _externalOracle) public { | ||
externalOracle = _externalOracle; | ||
} | ||
// Deposit function | ||
function deposit(address user, uint value) public { | ||
require(value > 0, "Deposit must be greater than 0"); | ||
openChannel(msg.sender, user, value, block.timestamp + 1 days); | ||
} | ||
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// Withdraw function | ||
function withdraw(address user, uint value) public { | ||
require(value > 0, "Withdrawal must be greater than 0"); | ||
require(!channels[msg.sender][user].closed, "Payment channel is closed"); | ||
require(channels[msg.sender][user].deposit >= value, "Insufficient funds in the channel"); | ||
channels[msg.sender][user].deposit -= value; | ||
msg.sender.transfer(value); | ||
if(channels[msg.sender][user].deposit == 0) | ||
closeChannel(msg.sender, user); | ||
} | ||
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function execute(address _spender, address _recipient, uint _value) public { | ||
require(isOwner[msg.sender], "Sender is not an owner of the contract"); | ||
require(isOwner[spender], "Spender is not an owner of the contract"); | ||
spender = _spender; | ||
recipient = _recipient; | ||
value = _value; | ||
// Update deposit function | ||
function updateDeposit(address user, uint value) public { | ||
require(value > 0, "Deposit must be greater than 0"); | ||
require(!channels[msg.sender][user].closed, "Payment channel is closed"); | ||
updateChannel(msg.sender, user, value); | ||
} | ||
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function confirm(address _spender, address _recipient, uint _value) public { | ||
require(spender == _spender, "Spender does not match the transaction"); | ||
require(recipient == _recipient, "Recipient does not match the transaction"); | ||
require(value == _value, "Value does not match the transaction"); | ||
require(isOwner[msg.sender], "Sender is not an owner of the contract"); | ||
spender.transfer(_value); | ||
// Initiate transaction function | ||
function initiateTransaction(address user1, address user2, address recipient, uint value, bytes memory signature1, bytes memory signature2) public { | ||
require(!channels[user1][user2].closed, "Payment channel is closed"); | ||
executeTransaction(user1, user2, recipient, value, signature1, signature2); | ||
} | ||
// Resolve dispute function | ||
function resolveDispute(address user1, address user2) public { | ||
require(!channels[user1][user2].closed, "Payment channel is already closed"); | ||
require(msg.sender == user1 || msg.sender == user2, "Only parties involved in the channel can resolve a dispute"); | ||
// Check dispute resolution with external Oracle | ||
(bool resolved, uint finalBalance) = externalOracle.call(abi.encodePacked("resolveDispute(address,address)", user1, user2)); | ||
require(resolved, "Dispute could not be resolved by the external Oracle"); | ||
channels[user1][user2].deposit = finalBalance; | ||
if(finalBalance == 0) { | ||
closeChannel(user1, user2); | ||
} | ||
} | ||
// Close channel function | ||
function closeChannel(address user1, address user2) private { | ||
channels[user1][user2].closed = true; | ||
} | ||
// Update channel function | ||
function updateChannel(address user1, address user2, uint newDeposit) private { | ||
require(channels[user1][user2].deposit + newDeposit >= channels[user1][user2].deposit, "New deposit must be greater than the existing deposit"); | ||
channels[user1][user2].deposit += newDeposit; | ||
} | ||
// Execute transaction function | ||
function executeTransaction(address user1, address user2, address recipient, uint value, bytes memory signature1, bytes memory signature2) private { | ||
require(channels[user1][user2].deposit >= value, "Insufficient funds in the channel"); | ||
require(value > fee * maxFee, "Transaction value is too low"); | ||
require(value <= channels[user1][user2].deposit, "Transaction value exceeds the deposit in the channel"); | ||
require(ecrecover(keccak256(abi.encodePacked("\x19Ethereum Signed Message:\n32", keccak256(abi.encodePacked(user1, user2, recipient, value)))), signature1) == user1, "Invalid signature from user1"); | ||
require(ecrecover(keccak256(abi.encodePacked("\x19Ethereum Signed Message:\n32", keccak256(abi.encodePacked(user1, user2, recipient, value)))), signature2) == user2, "Invalid signature from user2"); | ||
channels[user1][user2].deposit -= value; | ||
recipient.transfer(value); | ||
if(channels[user1][user2].deposit == 0) { | ||
closeChannel(user1, user2); | ||
} | ||
} | ||
// Update fee function | ||
function updateFee(uint newFee) public { | ||
require(msg.sender == owner, "Only the owner can update the fee"); | ||
fee = newFee; | ||
} | ||
// Update maxFee function | ||
function updateMaxFee(uint newMaxFee) public { | ||
require(msg.sender == owner, "Only the owner can update the maxFee"); | ||
maxFee = newMaxFee; | ||
} | ||
} | ||
} |