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Saturday, August 29, 2020

Why Quantstamp (QSP) Is the Most Valuable Cryptocurrency? Pump?

Why Quantstamp (QSP) Is the Most Valuable Cryptocurrency? Pump?

Audits are cheaper than hacks. And after the recent hacks of Uniswap and Balance, more projects are turning to Quantstamp to audit their code for weaknesses.

ETH 2.0 is the largest upgrade in crypto history, and Quantstamp is helping audit it.
Prysmatic Labs is the developer behind a Go-based client for ETH 2.0. With the new upgrade, Ethereum is moving from a PoW consensus algorithm to a PoS one to address scalability.

This means there are a host of potential bugs or code errors that can arise with such a transition. It’s why Quantstamp keeps getting tapped to ensure the code quality. The Quantstamp team has audited over 120 contracts to secure over $2 billion worth of digital assets since 2017.

As the launch of ETH 2.0’s Beacon Chain draws near and tests continue, we expect Quantstamp to be the auditor the community leans on. And when the transition takes place, we expect Ethereum’s 2,000-plus dApps to also seek Quantstamp’s services for audits as well.

Being the most trusted Ethereum auditor means as the ecosystem grows, Quantstamp grows with it.

from Trading Ideas
via gqrds

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