Review on Quantstamp by Robiul Islam
Automated Smart Contract Health Reports.
It is a platform designed to improve smart contract protection by auditing Ethereum smart contracts to detect any possible weaknesses. It has already done many audits and the decentralized, blockchain based scanning tool is available for real-time scanning smart contracts.
Although the Blockchain technology is very secure, the smart agreement used to add blockchain functionality does not guarantee secure. Actually, it is not safe from any other piece of software that is written by a team of personal human developers or developers.
It is clear that something needs to be done for the limitations and finally trying to resolve these smart contract weaknesses and fix the QuantStamp . Their platform promises automated smart contract code verification, rewarding nod operators who provide computational power to do this and disturb the blockchain projects of dangerous vulnerabilities in their smart agreements.
With the use of smart contract , dramatically an auditing platform that unveils smart contract code vulnerabilities is not a luxury, it is a requirement. And the QuantStamp Bug-free smart contracts is providing the necessary technology to make a reality.
Pros
- Smart contract auditing is going to be incredibly important as more platforms introduce smart contracts between Businesses/Individuals . It is supported by Ycombinator, Request Network and plenty of other big names in crypto . Working product. Already auditing smart contracts with great success & efficiency . Team is extremely technically adept. Plenty of engineers who know what they’re doing . Great token supply considering application.
- Automated software platform tests the solidity code to verify it, and is built properly without any weakness. This platform requires a large amount of computing power, which requires verification nodes. The platform is planned to be able to discover a growing sophisticated attack over time.
- Automatic bounty system that pays who manually scan and validates the solidity code. These users are indemnification when they discover bugs and vulnerabilities. This manual system is a bridge to fill the gap until full automation is possible.
- Automatic smart contract observation system have an attractive user interface where you can upload your solidity code and have it audited in real time.
Cons
- Automation is not nearly perfect. The smart contracts will be water tight with no bugs. An automated process is a big show of faith beliefs.Competitors like Etherparty & ZeeplinOS are making big moves in this space, too.
