CertiK successfully completes full security audit of the Terra protocol

  SINGAPORE, May 2019 – CertiK, a leading smart contract and blockchain audit company, announces today that it has completed a formal security audit of Terra, the company that has designed an algorithmic stablecoin to power the next-generation payment system on the blockchain. Terra’s mainnet, which went live in April, is a Delegated Proof-of-Stake (DPos) system that utilizes the Cosmos SDK and Tendermint Consensus Engine.   The rigorous audit of Terra’s protocol and public blockchain was conducted by experienced economists, security researchers, and security engineers from CertiK. CertiK performed a…

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What is EOS?

  EOSIO is a cryptocurrency token ( EOS ) and blockchain developed to operate as a smart contract platform to enable development, hosting, and execution of commercial-scale decentralized applications ( dApps ) on its platform.  EOSIO has a similar function to Ethereum.   Description on website: “EOSIO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOSIO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling…

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