Several Intercoin Smart Contracts Audited

Technology
#1

We have been working with an audit company to make sure our Intercoin Applications are secure. You can see all the results listed here:

While no one can guarantee to have caught all bugs, it is important to have outside audits, especially of immutable code on the blockchain that will be used by a lot of people. That said, Intercoin’s use cases typically involve lots people moving around small amounts of currency frequently, rather than giant amounts locked somewhere. So if exploits are found, they won’t be as costly as, say the recent hacks for $600 million and $400 million that have been taking place. People would be able to move their currency elsewhere, because it’s not all stored at one address.

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#2

I also like the coins system where the level of security goes up as the transaction size gets larger. Something securing 600 million dollars is just too big of a target.

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#3

:thinking: What perfect timing to get a audit on all the Intercoin applications.

Let’s just say we’re ready!! :raised_hands:

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