Smart Contract

Deploying a smart contract on the blockchain without auditing can quickly spell "suicide" for most projects. Nowadays, hackers are constantly looking for potential code errors and vulnerabilities. Furthermore, most users have the experience of knowing they cannot trust unaudited DeFi and crypto protocols. Fortunately, no project has to launch unaudited, especially with the abundance of professional auditors in the industry. These experts can investigate smart contracts, detect errors or vulnerabilities, and suggest fixes. Simply put, they increase a protocol’s chances…

Blockchain technology is one of the groundbreaking inventions of our time. Its open-source and highly secure features have allowed an explosion of DeFi applications and crypto projects. However, while blockchain is almost impenetrable, its applications are limited. Most blockchain-based protocols function on intelligent contracts prone to vulnerabilities and code errors. It only takes one hacker attack to destroy several months of development and the project's reputation forever. Fortunately, any project can prevent this catastrophe with an external smart contract audit.…

A growing interest in cryptocurrencies and blockchains is steadily rising as individuals shift from the traditional financial system to the digital currency world. Blockchains, in particular, present impressive solutions focused on recording, maintaining, and securing data on a public ledger.  Despite introducing a practical data management feature, blockchain technology is still under heavy examination across the financial industry and beyond. Thus, it makes various regulators hesitant with the blockchain's applications and capabilities as they are delegated to assure the banking…

According to the 2020 CoinGecko yearly report, bitcoin's smaller brother ETH has been the standout performing crypto of the past year. The report delved deep into what has been an exciting journey for the crypto space over the past 12 months; the period was marked by major events such as a resurgent decentralized finance space and massive adoption of BTC by institutions part of their hedging strategies. BTC may have grabbed the headlines in 2020 with its explosive run and…

Blockchain technology is never-ending to answer the old scaling issue, and Zilliqa may be the first project to solve it. Using sharding and a hybrid consensus mechanism, Zilliqa provides a secure network for high throughput DApps, eco-friendly dual mining, and non-custodial staking. Zilliqa is less than five years old, and it is evolving at a rapid pace. In this review, we analyze its performance so far as we dissect its functioning mechanisms. What Is Zilliqa? Zilliqa project is the first…

The invention of blockchain technology has led to smart contracts, which are machine-encoded self-executing contracts. The terms of the contract between the participating parties are written into code. And with the rapid growth of smart contracts, various smart contract languages have been launched in the crypto space. Digital Asset Modelling Language (DAML) is a smart contract language developed by Digital Asset Holdings (DA). It was explicitly designed for distributed ledgers to enable safe, real-time, definite, and high-level specific business environments. …

The DeFi space of Ethereum has gone parabolic over the past few weeks. Cryptocurrencies locked in DeFi applications are now worth $1.65 billion, representing a 65 percent increase from the value on June 17. At the same time, there is an upsurge in the number of people using applications such as Compound, Maker, and Synthetix. However, the growth of decentralized finance may be temporarily slowed down by an alleged hack that took place some hours ago. On June 28, reports had…