GOOD NEWS : Certik is working closely with CoreDao to help secure network cores and support KYC security built on the blockchain - hokanews

 

GOOD NEWS : Certik is working closely with CoreDao to help secure network cores and support KYC security built on the blockchain - hokanews

hokanews.com - CoreDAO developed the Satoshi Plus ecosystem and built web3 infrastructure on PoW Bitcoin, is currently focusing its efforts on developing the Satoshi Plus ecosystem and building web3 infrastructure on top of the Bitcoin network using the PoW algorithm.

The Satoshi Plus Ecosystem is a concept inspired by the thoughts of Satoshi Nakamoto, the creator of Bitcoin. This ecosystem includes various decentralized projects related to Bitcoin, such as financial applications, digital identities and more. The main goal of this ecosystem is to create a more open, inclusive and decentralized financial system.

To support decentralized applications on top of the Bitcoin network, CoreDAO is building a web3 infrastructure. The web3 infrastructure is the infrastructure that supports decentralized applications, which run on top of the blockchain network and allow users to interact with those applications using their cryptocurrency wallets. The web3 infrastructure is expected to facilitate easier, safer and cost-effective development of decentralized applications.

However, building web3 infrastructure on top of the Bitcoin network is not easy. Even though Bitcoin is one of the most established and recognized blockchain networks in the world, its ability to run decentralized applications is still limited. This is because the basic architecture of Bitcoin is not designed to run decentralized applications. Therefore, CoreDAO is making efforts to improve the capabilities of the Bitcoin network in running decentralized applications.

One of the ways that CoreDAO has done to increase the capabilities of the Bitcoin network is by introducing the concept of PoS (Proof of Stake) in the Bitcoin network. PoS is an alternative to PoW currently used by the Bitcoin network. With PoS, users can store their coins in wallets and are allowed to participate in transaction validation processes and network-related decision-making. This is expected to increase the scalability and efficiency of the Bitcoin network, thereby allowing more decentralized applications to run on top of the network.

By focusing on developing the Satoshi Plus ecosystem and building web3 infrastructure on top of the Bitcoin network, CoreDAO hopes to make a meaningful contribution to the development of the blockchain ecosystem as a whole. The decentralized and open ecosystem of Satoshi Plus is expected to open doors for more people to participate in finance and technology, as well as facilitate more inclusive and sustainable economic development.

but new party from CoreDao Partners CertiK

support their favorite projects in Core with special Core security grants

this was revealed from a post shared by the official CoreDao Twitter account on Twitter.

hokanews.com monitoring of posts published by the CoreDao Twitter account are as follows:

Core DAO partner 

@CertiK

 is supporting their favorite projects on Core with specialized Core security grants 🔒

This partnership is a great opportunity for Core projects to get top-tier audits from one of the best Web3 security orgs in the world 🌍

  hokanews.com does not publish articles without sources, for more details see the image below: 

Twitter image source

according to the acknowledgment of the certik itself they work together to help secure the core network.

the party from certik itself is very happy to announce this on their official twitter account, posts made by certik are as follows:

Exciting News: #CertiK has officially signed an exclusive partnership with 

@Coredao_Org

 to help secure #Core Network 💪

#CoreDAO will provide a grant to support security & KYC for select projects building on the #blockchain 🔐

Follow for more updates on who receives the grants

 

 for more details see the picture below :

Twitter image source

CertiK: Securing Blockchain with Formal Verification

CertiK is a blockchain security company that focuses on checking the security of source code and smart contracts on blockchain networks. In the rapidly growing blockchain era, security is one of the most important aspects to consider. Therefore, CertiK strives to provide security assurance to minimize the security risks that may occur on blockchain and smart contracts.

CertiK was founded in 2017 by a group of academics and cybersecurity professionals who joined a research team at Yale University. This team has a background in cybersecurity, distributed systems, and formal verification. They aim to leverage their knowledge and skills to improve security on blockchain networks.

One of the tools used by CertiK is formal verification technology. Formal verification is a technique used to prove that a system or program meets the given specifications. In the case of blockchain, formal verification is used to ensure that the source code and smart contracts function correctly and do not have vulnerabilities or bugs that can be exploited by attackers.

CertiK uses formal verification technology to ensure the security of source code and smart contracts on blockchain networks. Formal verification technology can help avoid bugs and vulnerabilities that can be exploited by attackers to carry out attacks on the blockchain. By ensuring the security of source code and smart contracts before they are used on the blockchain network, CertiK can help reduce the risk of cyber attacks on the blockchain.

In addition to using formal verification technology, CertiK also offers security audit services for blockchain projects and smart contracts that are in the development stage. This security audit service is carried out by a team of cybersecurity and formal verification experts who have experience in checking the security of source code and smart contracts. By conducting security audits, CertiK can help blockchain projects and smart contracts identify and fix vulnerabilities before they are used on the blockchain network.

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