Smart Contract Audit
Last updated
Last updated
Chipit has a comprehensive Smart Contract Audit by Certik to ensure contract metadata is vector-proof and without fault.
Smart Contract audits are often extensive and painstaking assessments of the contractual code used for the interaction of the blockchain. The primary goal of any audit is to uncover errors and security flaws to successfully implement a series of fixes and upgrades that will improve the overall functionality and safety measures of the ecosystem. Typically necessary among crypto start-ups, Chipit wants assurance that the contracts pegged to financial assets and NFTs aren’t susceptible to any external attacks or viruses.
The complexity of an audit is largely down to the intractability of smart contract mechanics, as the interact properties and third-party integrations with off-chain systems can also diminish the platform’s stability. These checks usually include both running tests and manual code analysis.
Popular chain-linked Smart Contracts frequently manage large sums of money, meaning that even the slightest error or bug could wipe out millions in value. Chipit users and stakeholders could lose all wallet assets that belong to the ecosystem if Chipit isn’t tried and tested by a professional firm.
Proposals made by the auditors will be communicated in advance to the project team at Chipit, noted in the final report. An independent audit of a project, regardless of forking or scope, is considered a mark of financial and ethical reliability. Based on such assurance, Chipit is wholly committed to the Smart Contract audit, which will build user confidence and raise the project’s credibility. Audits are typically conducted in several steps, and by utilizing Ethereum Classic Smart Contracts, Chipit is one of many forked projects reliant on the blockchain technology.
