Review on Quantstamp by Özgün A
A protective project
Quantstamp is a cryptocurrency project built on blockchain networks. The local token is the QSP token. It is an erc-20 token and runs on the Ethereum network. It also aims to solve the scalability problem of the Ethereum network. This project aims to ensure the security of your assets. It has made cooperation agreements with the biggest companies of the world. Makes error definitions through artificial intelligence. In this way, it checks your transactions again.
Quantstamp can handle transactions separately from the main chain. Thanks to off-chain transactions, your assets are not visible to third parties and are protected. All of these transactions are carried out through smart contracts. By tokenizing your assets, it protects you from loss of value and from scammers.
Generally, Quantstamp aims to protect smart contracts in the Ethereum network, but due to the transaction density on the Ethereum network, many smart contracts that are waiting to be processed can become the target of hackers. It still has some shortcomings, but I think these shortcomings will be fixed with updates. We must not forget that there is never 100% security in decentralized markets.
Pros
- Creates anonymity over smart contracts
- Has partnership agreements with many world famous companies
- The project is logically perfect
Cons
- Slow transaction processing on the Ethereum network could cause this project to fail
