Review on Quantstamp by Pedro O. Alvino M.
Greater security in the issuance of Ethereum smart contracts
Quantstamp was founded in June 2017 by Richard Ma and Steven Stewart. Its objective is to solve the problem of the security of smart contracts; Although they offer great potential for the widespread use of blockchain technology, they are not entirely secure, since in previous years there have been several hacking and theft of assets through code errors in the contracts issued.
In case this project through audits seeks to securely issue smart contracts in the Ethereum network in a cost-effective way for any operator since other systems can charge a large amount of money.
Pros
- The Quantstamp token feeds the platform's ecosystem efficiently.
- Designed to find vulnerabilities in Ethereum smart contracts.
- It presents an automated software verification system that reviews Solidity programs.
- Grant rewards to users who find smart contract errors on the platform.
Cons
- The project may come down if Ethereum presents an indisputable improvement of smart contracts in network 2.0
