There has been a distinct shift after Polygon came in 2017. Being a one-of-a-kind layer 2 solutions, Polygon has shown enormous potential and has been on a consistent growth path. Along with this, a Polygon smart contract audit guide ensures the ultimate security of the network. It is a proactive solution for blockchain security. The […]
Currently, the NFT in the digital world is a trending hot topic of discussion! Moreover, the underlying smart contract technology makes it more secure, plus a good NFT smart contract audit guarantees security from various cyber threats. NFT is a prized possession in the virtual world that gives artists, musicians, and businesses more potential than […]
The term smart contract is often associated with Ethereum because the Ethereum blockchain was modeled to execute the idea of smart contracts. Smart contracts employ blockchain technology and automatically execute transactions when certain conditions are met. If you have used smart contracts, you must agree that the smart contract consists of assets of millions. Thus, […]
Smart contracts use blockchain technology or distributed ledger to interact and conduct transactions with each other. The contracts are digital and are stored on the blockchain. It follows an “if, when, then” statement and is written in the form of code. There are networks of blockchain nodes that update when predetermined conditions on the contract […]
Lendf.me – $25 M loss* Synthetix – $ 37 M loss* bZx – $645, 000 loss* Parity – $150, 000 loss* The DAO – $55 M loss* Do these numbers ring an alarm in your mind? This is what happened with these tech giants as they ignored smart contract auditing conveniently. Even a minor bug […]
When it comes to running successful blockchain platforms, the role of a smart contract is significant. Yes, it can be difficult to understand it technically; let’s try it with an example. Imagine a person is trying to purchase with a vending machine. They put in the coin and then press the button for the item […]