Categories: Uncategorized

KILT Protocol completes security test with SRLabs and prepares for full decentralization

KILT Protocol, the leading decentralized identity validator for Web 3.0, announces that it has completed a security audit with Security Research Labs (SRLabs), a Germany-based cybersecurity research and consulting company.

https://twitter.com/Kiltprotocol/status/1457690316476145671?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

According to the November 8 announcement, the development team said that the KILT protocol is currently in the final stages before full decentralization, which is expected to take place from mid-November to mid-December, which will also include the return of KILT Coin to the wallets of those who participated in the crowdloan in support of the project in September and are also listed on the stock exchanges.

As for the security testing to effectively validate the KILT code base, SRLabs used a code validation strategy for the threat model. For each identified threat, bogus attacks have been developed that can be used to detect the threat. The risk priority, code base, or palette has been rated to provide protection against the related threats and attacks and the vulnerabilities that enable those attacks.

SRLabs focuses on testing KILT Blockchain, KILT Software Development Kit (SDK) and Sporran Wallet.

Karsten Nohl, founder of SRLabs, added: “Every blockchain system brings with it new security challenges due to its unique business logic and implementation. Based on the threat model, our testers can focus their attention on the most likely attack paths. The partnership with BOTLabs on the security KILT protocol worked really well. “

During the evaluation, SRLabs identified eight problems, two of which were very serious. These two issues were found in the staking section and resolved by the KILT team. The remaining six issues affecting the functionality of KILT with medium to low severity were addressed by the KILT team during the next runtime upgrade.

The KILT roadmap has reached the fully decentralized phase.

“We’ll be announcing more milestones this week,” said Christine Mohan, KILT Business Development Vice President, on Telegram.

peace

follow AZCoin News

CoinX

Recent Posts

Clanker Token Trading Volume Hits $59.8 Million High

Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…

19 minutes ago

Bitcoin Spot ETF Inflows Hit $1 Billion Led By BlackRock

Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…

42 minutes ago

New York Techie Bagged $72M from $15K Investment in Ethereum — Here’s How BlockDAG Can Offer Similar Jackpot

Discover the success story of a New York tech entrepreneur who made $72M from a…

1 hour ago

Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B

Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…

3 hours ago

Trump Media Company Is Pushing New Venture For Crypto Service

With the platform facing a cracked whip, Trump Media company is expanding into new business…

4 hours ago

Crypto Advisory Council Now A White House Position Attracting Leaders

Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…

4 hours ago

This website uses cookies.