Read Time: 5 minutes Decentralized finance, popular as DeFi, has massively revolutionized traditional finance by creating a decentralized space for users to interact with various financial elements while maintaining
Read Time: 4 minutes Security of a blockchain project is one of the key elements for its success. An important aspect for ensuring security of a project is smart
Read Time: 4 minutes Getting a smart contract audited before launching your DeFi protocol is more than a ritual. The audit is crucial for the safety and eventually, success
Read Time: 4 minutes Smart contract vulnerabilities can damage the DeFi projects beyond the obvious. Not only can these hurt or damage a single project, but can also make
Read Time: 4 minutes Decentralized Finance, aka DeFi, can give some great returns. However, there is a possibility of disastrous situations where investors could end up with big losses.
Read Time: 5 minutes DeFi had been the flagbearer of the crypto boom in 2020 and the heat refused to die down through 2021 as well. With more and
Read Time: 6 minutes From a similitude of an ICO craze, DeFi has grown to over $200 billion, according to DeFi Llama statistics. It expands to various use cases
Read Time: 5 minutes DeFi has been a dynamic component of the cryptocurrency industry with approx $80 billion in assets locked into protocols in March 2021. As the saying
Read Time: 4 minutes The success of every DeFi protocol is closely related to how well audited it is. A simple developer oversight is enough to sink a project.
Read Time: 7 minutes We have been making copy-paste jokes for years. Remember all the memes of CTRL + C and CTRL + V? Well, they have come to
Read Time: 4 minutes The Solana Network, on the 3rd Aug, suffered an attack which drained more than 8,000 wallets. As an outcome of
Read Time: 4 minutes Decentralization in every walk of life is the new code of the upcoming era. DApps are here to revolutionize how
Read Time: 5 minutes At every point in time, the internet keeps changing dimensions to solve the shortcoming of the previous version. And Web3
Read Time: 6 minutes NFT scams never miss out on making news headlines constantly. What is it to earn tens of millions of dollars
Read Time: 5 minutes The Merge event is a milestone holding the greatest significance in the journey of Ethereum. And not to mention, Ethereum
We need smart contracts audit to:
âIdentify bugsđ
âEnhance smart contractâs performance
âCode optimisation
âContractâs performance validation
âProvide credibility and instil trust among the people
..
The list is long, and itâs absolutely why we need #smartcontract audits.
Over $2B lost in Crypto Bridge Hacks in 2022 Too Farđ°â
âŹïžâŹïž
#cryptocurrency | #ETH
Challenges you may encounter during the DeFi Smart Contract Audit:
A quick đ§”đ
ĂAppsâ
According to the reports by @DappRadar,
âThe number of users engaging in decentralised applications is growing by 396% yearly, with now 2.4 million.â
Gaming DApps account for over 50% of the user activity in Q1 of 2022.
ââ
#Web3 | #Ethereum
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Quillhash delivers enterprise grade blockchain technology to leading companies worldwide.
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Refer QuillAudits to Web3 projects for audits.
Thereby help us Secure web3 ecosystem.
