Security

Security Features

1. KYC for Broadcasters:

   • Every broadcaster must complete a Know Your Customer (KYC) verification process during registration.

   • This ensures that only verified users can stream, fostering trust and compliance with regulations.

2. Smart Contract Security:

   • All platform functions—tipping, token creation, staking, and governance—are powered by audited smart contracts.

   • Regular audits will ensure the platform remains secure and resistant to vulnerabilities.

3. Decentralized Transactions:

   • Tips, token trades, and staking rewards are processed on-chain, eliminating intermediaries and reducing the risk of fraud.

4. Wallet Ownership:

   • Both broadcasters and viewers have full control over their wallets and funds, ensuring no centralized authority can interfere with their assets.

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Compliance Measures

1. Content Moderation:

   • The platform enforces strict guidelines to prevent harmful, illegal, or inappropriate content.

   • Community governance allows users to vote on broadcaster approval or removal, ensuring alignment with community standards.

2. Regulatory Compliance:

   • LiveSphere operates in compliance with global financial regulations, including:

     • Anti-Money Laundering (AML) measures.

     • Data protection laws, ensuring user privacy and security.

3. Transparent Reporting:

   • All transactions and governance decisions are recorded on-chain, providing a transparent and verifiable history.

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Why Security and Compliance Matter

• Trust: KYC and moderation ensure a safe environment for broadcasters and viewers.

• Transparency: Blockchain technology ensures every transaction and decision is traceable and secure.

• Longevity: Compliance with global regulations protects the platform from legal challenges, ensuring its sustainability.