Audit Platform CertiK Became An Official Partner Of The Open Network

Key Points:

• CertiK has become an official partner of The Open Network and will audit TON-based smart contracts and services. With its analytics system, Skynet, CertiK monitors and analyzes smart contracts in real time and immediately alerts if any vulnerabilities are found.
• CertiK has audited many key components of The Open Network, including the vesting schedule smart contract, TON Bridge application, and TON Baselayer.
• The partnership with CertiK will increase security standards and transparency in the TON ecosystem while increasing confidence in the network for all participants.

The audit platform CertiK has become an official partner of The Open Network (TON) and will audit TON-based smart contracts and services.

With its analytics system, Skynet, CertiK monitors and analyzes smart contracts in real time and immediately alerts if any vulnerabilities are found. The partnership will increase security standards and transparency in the TON ecosystem while increasing confidence in the network for all participants.

CertiK has audited many key components of The Open Network, including the vesting schedule smart contract, TON Bridge application, and TON Baselayer. The company reduces the risk of Web3 services being compromised by security threats using a hands-on approach and automated audits run by artificial intelligence.

In order to give the network an additional layer of security assurance, the audit company also used formal verification. A defense-in-depth strategy is created by combining expert manual review with automated, AI-powered verification, which reduces and guards against the very real hazards that are present in the Web3 environment.

The Open Network is a layer-1 blockchain that is scalable, shardable, and enables fast, low-cost, and energy-efficient blockchain transactions. Every feature has been designed with the everyday user in mind.

TON has three bridges, one on Ethereum, the other on BSC, and Orbit Bridge. TON is the network’s native cryptocurrency and is used to pay for executing smart contracts, using dApps, and participating in governance. TON is currently live with 240 validators (as of December 1, 2022) and 1.4 million addresses on the network.

TON has attracted a lot of attention and is growing despite market volatility. The open-source protocol is one of the few ecosystems remaining alive after the events of FTX.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News