Redundancy Qualities |
Number of full nodes online | 10 minimum: How many node instances the network is spread across. This is a measure of data and processing redundancy. |
Distinct operating environment locations | 3 minimum: How many different geographic locations the network is spread across. This is a measure of disaster resilience and redundancy. |
Third party code audit | We required a qualified and reputable third party to audit and optimize all smart contract code developed (programmable blockchains only). |
Reliability Qualities |
Mean Time Between Failures ( M T B F) | Over the past 5 quarters (15 months) and as applied to consensus failures, not interface failures for which other highly available instances exist. |
Uptime | - 2400 hours MTBF
- 99.9% uptime
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Operational Characteristics |
Testnet Availability | Required. A Testnet is a separate instance of the blockchain used for development and testing purposes that contains mocked up test data only and is not referenced as the source of truth for any token. |
Node Ops Data | Ability to run at least one validator instance containing full history since advent of transfer agent usage. |
Consensus Method | Non Proof-of-Work |
Multi- Sig Capable | Required. Multi-Sig is the support of multiple private keys being used to sign a valid transaction, allowing secure separation of those keys to take place. |
Block Time | < 10 seconds. This is a measure of how often new transactional information is recorded onto the blockchain. |
Account ( Public Key) Parallelization | Required. This is the ability for single transaction to be formed that affects many accounts (associated to public keys in various relationships) at once. |
Signature Algo | The cryptographic signing algorithms currently supported by the Gémeo, Benji's wallet infrastructure:
- ECDSA secp256k1
- EdDSA ed25519
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Fee Token | Which Cryptocurrency token is used to pay transaction fees (often called gas fees) to record data on the blockchain. All fees associated with the use of public blockchain networks will be the responsibility of the investment manager or its affiliates. |
Effective Operating Cost per Transaction* | The U.S. Dollar equivalent cost of a business level transaction performed by the transfer agent, e.g., a distribution, a subscription, a redemption, a transfer. This could entail multiple underlying operations on the blockchain in question depending on its design.
For retail investors with smaller account sizes this cost is ideally as low as possible, whereas institutional investors are compatible with higher cost networks.
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Static costs per Account per year | ≤ $1
How much it costs to maintain data associated with a public key on the blockchain.
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Controls |
Permission Control | Public Key Whitelisting |
Clawback/ Administrative Balance Control | Required |