CertiK @CertiK
Smart contract audits, KYC, on-chain monitoring, bug bounties, penetration testing, and more. Also follow 🤝 @CertiKCommunity 🚨 @CertiKAlert certik.com Web3 Security Joined May 2018-
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#CertiKStatsAlert 🚨 Combining all the incidents in April we’ve confirmed ~$25.7m lost to exploits, hacks and scams. The lowest figure we’ve recorded, dating back to 2021. A 141% decrease from March Exit scams: ~$4.3m Flash loans: ~$129k Exploits: ~$21m More details below
As DeFi continues to evolve, new users should be cautious. Engaging with DeFi without sufficient experience can lead to potential losses. At CertiK, we recommend a thorough understanding of the associated risks prior to involvement. Learn more: cointelegraph.com/news/new-crypt…
Why is Formal Verification on ZKChain considered to be extremely hard, if not impossible? 🤔
🏆 CertiK Wins at GBA 2024! We're thrilled to announce CertiK has been honored with the 'Best Use of Technology' award at the Global Blockchain Awards! Thank you to everyone supporting our mission to enhance blockchain security. 🎉
🏆 CertiK Wins at GBA 2024! We're thrilled to announce CertiK has been honored with the 'Best Use of Technology' award at the Global Blockchain Awards! Thank you to everyone supporting our mission to enhance blockchain security. 🎉
Core DAO 🔶 @Coredao_Org
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🚨 PSA 🚨 $PLANET stands among the top 10% of all @CertiK audited projects! With our focus on Continuous Innovation, Community Engagement, and Transparency, we are setting benchmarks for projects in the #RWA space 🤩🚀 🔗 skynet.certik.com/projects/planet
🏆 Skynet's Weekly Top 10 Revealed 🏆 Before the $20K CertiK Contest kicks off, let’s celebrate this week's community favorites: 🥇 @BlackFortBXN holds the lead! 🥈 @MetFi_DAO right behind! 🥉 @Squid_Grow in a strong third! Shout-out to the contenders: 4️⃣ @EagleNetworkApp…
🚀 Exciting news! BlackFort ranks #4 among top payment projects on @CertiK's board with a verified audit and now boasts the GOLDEN KYC Badge! 🥇 A huge thank you to everyone for your support. Let's keep pushing the boundaries! 💪 Check out the details here:…
@CertiK formal verification on ZKChains is hard but getting easier. Its importance in assuring the security of ZK applications is driving continuous advancements in the field.
@CertiK Well for one thing, the innovation of ZKChain beats the aspect of FV since it prioritize privacy and confidentiality. Also ZKChain may not be a requirement in all jurisdictions, but it can offer significant benefits in terms of security, and compliance with legal standards.
@CertiK Due to nature and interaction of protocols it's hard to verify
@CertiK Yes, it is difficult, but I do not think it is impossible / nothing is impossible for Certik Company 😁
@CertiK There's an urgent need for continuous professional development in blockchain technologies, especially in areas like zero-knowledge proofs. Formal verification is a complex area that requires ongoing learning and experience, highlighting a critical gap in current training programs
@CertiK From what I've read, ZKChains are still evolving, and achieving a stable state that can be effectively subjected to formal verification is challenging. Plus, the tech for FV itself needs to advance to keep up with new blockchain technologies.
@CertiK Achieving formal verification requires proving mathematically that the system behaves as intended under all possible conditions, which is difficult due to the intricate nature of ZKPs and the potential for unexpected interactions between components
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@CertiK Formal verification on ZKChain is difficult due to its zero-knowledge nature and complex cryptographic protocols, making it extremely challenging and sometimes practically impossible.
@CertiK The formal verification process for the zkWasm smart contract designed for automated escrow may pose challenges due to the intricate nature of blockchain technology, requiring specialized expertise to ensure accuracy and reliability.
@CertiK Verifying the zkWasm smart contract for automated escrow through formal methods might prove challenging given the intricate nature of blockchain technology.
🥇 The Biggest @CertiK Contest Ever is Here 🥇 🏆 Prize: $20K in CertiK Professional Services 🗓 Timeline: May 1st - May 15th. 👥 Engage: The project with the most votes wins big. The most supportive community wins! Vote on skynet.certik.com 👈 Stay engaged and keep…