Safety depends on explicit boundaries
The reference design assumes that financial accounting, venue information, signing authority, and operational monitoring have different responsibilities. No single operational signal should silently bypass the accounting rules.Safeguards
- Isolated balances for collateral, debt, cash, and outcome assets.
- Reduction of debt only through confirmed settlement cash.
- Unique settlement evidence and reconciliation checks.
- Bounded authority for risk-reducing actions.
- Restriction or exception handling when data, execution, settlement, or finality conditions cannot be verified.
- Explicit capital-class priority and integer-safe allocation.