Solidproof completes security audit from Flasko Smart Contract
Solidproof completes security audit from Flasko Smart Contract
hacker made the defi room into their playground and made the sector a scary place for investors and project developers. Unfortunately, these cybercriminals constantly invent new ways to exploit and skim millions of susceptible defect projects.
According to reports, Hacker stolen more than $ 3 billion from crypto projects this year. For this reason, crypto investors are tired of crypto investors with unchecked smart contract codes. Defi projects invest a lot in smart contracting auditing to improve security and calm users.What is Smart Contract Audit?
A Smart Contract Audit is a thorough examination and analysis of the Smart Contract Codes. This process enables project developers to identify incorrect codes and weak points before providing.
Some of the advantages of smart contract security audits are:
- ensures safer defi platforms.
- increases the trust of the community
- offers improved protection against hackers
- increases credibility in the crypto industry.
flasko concludes security audit
flasko recently passed its security audit as the latest blockchain project and thus created a safer ecosystem for investors.
flasko is an alternative investment and trading platform that enables users to invest in the premium market for alcoholic beverages by non-fungible tokens (NFTS). In this way, the project believes that the gap between alternative investments and the cryptom market is able to close.
The platform offers users NFTS that are bound to real products such as luxury and vintage whiskey, wine and champagne. Although investors can buy parts of the NFTs, only those who buy a whole NFT receive the real product at their given address.
flasko has completed its smart contract audit, which was carried out by the leading blockchain safety test company Solidproof. The audit was carried out to uncover problems and errors in the intelligent contract codes from Flasko. The developers of the project provided the examiner files used to check their claims, including:
- Correct implementation of the token standard
- The provider cannot shape new tokens
- The provider cannot burn or block user funds
- The provider cannot pause the contract
- overall check (smart contract security)
SOLIDProof examined the code thoroughly by checking the specifications, sources and instructions provided by the flasko team. The auditing company checked the Smart Contract code manually by going through the source code line by line to discover potential errors and weaknesses.
After the examination, Solidproof delivered recommendations that the Flasko development team can use to secure the project's smart contracts and to improve the overall safety of the platform.
The passage of the examination corresponds to the goal of Flasko to create a security -oriented platform for investors who want to explore alternative systems.
Apart from the final exam of Solidproof, Flasko has taken further measures to protect investors, such as: B. a token lock. The project blocked the tokens of its team for three years, which means that the assets are inaccessible by December 2025. Flasko also plans to block liquidity for 33 years to remove the fear of pulling a carpet.