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As of today, Smart Contract Audits have 3 Big Bugs: 1 No consequences Doing a bad or lazy audit job has no consequences. Demand is growing, skills are hardly traceable 2 False incentives s single auditor or a connected group might choose to wait and exploit a bug when the smart contract is live and 3 Lack of trust there is no accurate security confidence metric that determines how secure any given smart contract is, producing lack of trust in projects and leaving room for scams To solve this, Solidified introduces the first fully decentralized smart contract audit process and Bug Prediction Market. In a bug prediction market, actors can bet on whether a vulnerability will be discovered in a smart contract by a certain date. The basis for such a market is a smart contract that has been audited and secured by an individual or a group of auditors using the Solidified platform. These actors are held accountable for securing the code by having staked income and reputation in form of the SOLID token.
The times are a-changing · 3 days ago
What is a Bug Prediction Market? · 1 months ago
Total 13 posts.
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Robert Hohman - Business Adviser
Robert Hitchens - Blockchain Adviser
Illia Tokarenko - Full Stack Engineer
Ulrilke Gregor - PR Director
Carlos Essus - PR Manager
Oskar Triebe - Machine Learning Expert
Eduard Kotysh - CEO & Founder
Alexander Rysenko - Director of Engineering
Rob Stone - Lead Designer
Joao Carvalho - Smart Contract Developer
Nick Munoz-McDonald - Audit Expert/Researcher
Adam Kolar - Audit Expert/Researcher
Fabio Hildebrand - Audit Manager
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