Find out more about Certik’s auditing practices as the team outlines the most viewed projects on its website.
Certik Outlines Security Leaders
In an intriguing tweet on May 25, Certik, the premier organization tasked with scoping vulnerabilities in prospective Web3 projects, listed the top projects currently being watched by users accessing its products. platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3JlZnNyY19zZXNzaW9uIjp7ImJ1Y2tldCI6Im9mZiIsInZlcnNpb24iOm51bGx9LCJ0Zndfc2Vuc2l0aXZlX21lZGlhX2ludGVyc3RpdGlhbF8xMzk2MyI6eyJidWNrZXQiOiJpbnRlcnN0aXRpYWwiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3R3ZWV0X3Jlc3VsdF9taWdyYXRpb25fMTM5NzkiOnsiYnVja2V0IjoidHdlZXRfcmVzdWx0IiwidmVyc2lvbiI6bnVsbH19&frame=false&hideCard=false&hideThread=false&id=1529493341137674240&lang=en&origin=https%3A%2F%2Fwww.bsc.news%2Fpost%2Fbnb-chain-tokens-dominate-certik-leaderboards&sessionId=c2a5c521a19501e8dff939901e7b1160b0aa84ec&theme=light&widgetsVersion=c8fe9736dd6fb%3A1649830956492&width=550px
It was no surprise to find BNB Chain dominating the leading views on Certik, with the project already having an established 93/100 security score upon the previous analysis carried out, which is all the more impressive when users consider it is the most used chain in the industry.
Certik’s system sees the team categorize the relevant dangers found into three base findings.
Critical: The code implementation does not match the specification, or it could result in a loss of funds for contract owners or users.
Medium: The code implementation does not match the specification at certain conditions, or it could affect the security standard by losing access control.
Low: The code implementation is not a best practice or uses a suboptimal design pattern, which may lead to security vulnerability, but no concern has been found yet.
Regarding BNB Chain, Certik found no issues in both the Critical or Medium range but did highlight elements of coding that could represent a low risk if not updated. With the most recent test on BNB Chain having been carried out in 2019, the team has since addressed these issues, and there has been no reason to reissue an audit.
Baby Doge Coin is another project attracting huge interest based on Certik’s most viewed measure, and the relevant audit of this project has been carried out much more recently. The recent audit sees a more comprehensive overview of relevant issues the project could face, with Certik outlining six categories of information relating to relevant vulnerabilities.
These findings have meant that Baby Doge Coin’s Certik score languishes in the mid-80 region, with the team constantly working to address the relevant issues flagged. Nevertheless, the project has enjoyed a massive spike in interest over its lifespan and will do well to heed the guidance of Certik as it keeps reaching new heights. Certik outlined the following as especially important:
Enhance general coding practices for better structures of source codes.
Add enough unit tests to cover the possible use cases.
Provide more comments for each function for readability, especially contracts that are verified in public
Provide more transparency on privileged activities once the protocol is live
With the aforementioned project ranking highly on Certik’s most viewed measure, the suggestion is that users want to know just how safe they are before they take the plunge. BSC News will closely monitor how the relevant findings are addressed and whether Baby Doge Coin’s spike in popularity can be capitalized on with further safety measures.
What is Baby Doge Coin:
Baby Doge Coin is the acclaimed ‘son’ of the popular meme token, DOGE. Baby Doge Coin has a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project team hopes to ride the momentum of its ‘father’ coin but with faster transactions and enhanced cuteness.
The Baby Doge Coin project looks out for the welfare of dogs and is actively reaching out to dog shelters & organizations that benefit dogs. Helping rescue as many dogs as possible is its goal.
Where to find Baby Doge Coin:
What is Certik:
Certik is a blockchain security firm that helps projects identify and eliminate security vulnerabilities in blockchains, smart contracts, and Web3 applications using its services, products, and cybersecurity techniques.
To find out more about Certik, these are its official links:
What is BNB Chain:
BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain-powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
For more information on BNB Chain, these links:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.