Due to the immutability of smart contracts, checking their security before deploying them in any Blockchain is one of the most critical steps in their development lifecycle. However, this process could be very challenging in terms of both required knowledge and time to perform such an audit. Therefore, using tools ...
With the rise in the number of Blockchain cryptocurrency users and the mass adoption of electronic wallets, the number of cyber-attacks that target this specific component of the Blockchain is rising too. Therefore, knowing the different types of Blockchain wallets will help the Blockchain security auditor to better locate the ...
Blockchain networks are built upon the concept of the transaction, either for transferring money or to even setting up a smart contract. However, each transaction performed in the Blockchain has a specific life cycle that all of them follow to reach their goal. This life cycle could be simple or ...
How do you choose a consensus mechanism? The consensus mechanism is responsible for the security of the Blockchain data. Therefore, choosing the right mechanism during the building of the Blockchain is an inevitable action. However, this task is not always evident to do as it may impact the whole Blockchain ...
Some of the most popular consensus algorithms are Proof of Work and Proof of stack. Those algorithms have proven their efficiency and security over time after years of being implemented in the most known Blockchain. Therefore, what is the difference between PoW and PoS? Proof of stake is a consensus ...
When building a Blockchain solution for a company or an organization, one of the decisions that the architecture may need to take, is choosing a consensus algorithm. So what is the best consensus algorithm? The best consensus algorithms that suit a permissioned Blockchain are the PBFT, IBFT as they are ...
When we start talking about securing Blockchain technology, people always think about Bitcoin. However, Bitcoin is only one implementation of one of the Blockchain types. Therefore, to be able to correctly secure those systems you should understand the characteristics of each Blockchain type. So what are the three types of ...
Blockchain is the new trending technology in the market, many companies start to implement it to solve multiple problems. Usually, this technology manages the different types of user information related to their money. Therefore, to secure this technology you should first understand how it works. Blockchain technology can be seen ...
Undoubtedly, ChatGPT stands out as one of the most remarkable inventions of 2021. Its wide-ranging capabilities and applications have opened up endless possibilities for human interaction and problem-solving. Furthermore, certain users have begun employing ChatGPT for the actual execution of smart contract audits. However, can ChatGPT audit a smart contract? [...]
