Quick Pick Analysis of Quantstamp (QSP)

in #cryptocurrency7 years ago (edited)

Yesterday, I had to call out a personal pick for a good mover in the future:  

Quantstamp: The Protocol for Securing Smart Contracts

 

Today, I'm starting to see an upward price action, so it's gaining some attention out there.
Fundamentally, it has reason to be moving: it's a platform for auditing smart contracts, which is a necessary as more adoption of smart contracts grows.  Historically, there have been catastrophic mistakes that Quanstamp can be part of the solution.

My favorite element to this is the reward mechanism for programmers and white-hats to find security vulnerabilities. Now, that's incentive!

The Auditing Network

Quantstamp is a specialized network that connects developers, investors and users around a transparent and scalable proof-of-audit.
The network acts as a critical piece of transparency by enabling automated checks on smart contract vulnerabilities and automatically rewarding verifiers who identify bugs.
Quantstamp tokens allow the platform to operate in a scalable and fully decentralized fashion, delivering computation fees to verifier nodes, and bounties for locating vulnerabilities.


Quantstamp is the first scalable  security-audit protocol designed to find vulnerabilities in Ethereum  smart contracts. Our team is stellar: PhDs with industry experience,  backed by a powerful blockchain industry advisory board