🙌Registration

Demo

To participate in our protocol, both on-rampers and off-rampers must complete a one-time registration. This process is crucial for tying each Ethereum account to a unique off-chain payment service ID, thus proving account ownership in the selected payment network, ensuring secure and efficient transactions.

Why Registration?

• Security: Links Ethereum addresses to off-chain payment service IDs to verify that the creator of an order is the same entity completing it off-chain.

• Prevent Griefing: Protects against DOS attacks and the potential griefing of off-rampers' funds.

• Sybil Attack Mitigation: Restricts each off-chain payment address ID to a single registration, safeguarding the protocol against exploitation and making sure the sybil resistance guidelines we put in place are adhered to.

Registration Properties

• Uniqueness: Each off-chain payment service ID is eligible for one registration, avoiding system abuse.

• Email Verification / Notarized Proof: Users need to provide an off-chain payment transaction confirmation email or a notarized proof for identity validation.

• Privacy Protection: Off-chain payment service IDs are hashed for before sending them to the chain, maintaining user anonymity.

Flow

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Risks

🔓Security