The Quantstamp Blog

Quantstamp Labs

Economics of the Quantstamp Security Network

This post will explain the economics behind how the Quantstamp Security Network currently is designed so we can understand how node operators can earn QSP and how much smart contract scans cost for users. The two major influences to the economics of the Quantstamp Security Network are the price floor, and supply and demand.

July 11, 2019
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Quantstamp Announcements

Quantstamp Audits Kakao's Blockchain Platform Klaytn

Quantstamp, a Y Combinator-backed blockchain security company, has completed its audit of smart contracts for Klaytn, the blockchain platform created by Kakao, the operator of South Korea’s dominant messaging platform KakaoTalk. Built by GroundX, a Kakao subsidiary, Klaytn is a business-centric blockchain platform designed for mass adoption.

July 9, 2019
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Quantstamp Announcements

Quantstamp Joins Alliance Unveiling First Social Impact Stablecoin on Binance

Quantstamp is proud to announce that we are contributing to the Binance Charity Foundation’s Pink Care Token Project, which aims to increase opportunities for women in underdeveloped countries by providing them with feminine care products.

July 4, 2019
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Quantstamp Labs

The Quantstamp Security Network V2 is Now Live on Ethereum Mainnet

Our latest release features an enhanced user experience and is designed to allow individuals to run a node without needing to be whitelisted by Quantstamp.

June 20, 2019
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Quantstamp Announcements

Fundamentals of Smart Contract Security Released

Fundamentals of Smart Contract Security, the world’s first book dedicated to the subject of the security of blockchain applications, has been released. The book is written by smart contract security experts at Quantstamp.

June 13, 2019
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Quantstamp Announcements

Meet the Authors: Ed Zulkoski

Ed holds a Ph.D in Computer Science from the University of Waterloo. His research there was primarily in SAT/SMT solvers and formal verification technologies, with a focus on understanding what makes SAT formulas hard or easy for solvers. Before joining Quantstamp, he worked at Microsoft Research.

May 29, 2019
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Quantstamp Labs

What is a Smart Contract Audit?

Blockchain technology is promising to revolutionize entire industries, but hacks and exploits of popular blockchain applications threaten to undermine it before it even takes off. Isn’t blockchain supposed to be secure? It’s not that simple.

May 23, 2019
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Quantstamp Announcements

Meet the Authors: Kacper Bąk

Kacper holds a Ph.D. in Computer Science from the University of Waterloo for his work on modeling and analysis of software product lines. Before coming to Quantstamp, he worked at MathWorks (maker of MATLAB), Opera, and Samsung.

May 23, 2019
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Quantstamp Announcements

Quantstamp Audits Lockdrop for Polkadot’s First Smart Contract Platform: Edgeware

Quantstamp recently audited Edgeware's lockdrop contract. Edgware is the first smart contract platform which plans to integrate with Polkadot, a blockchain interoperability platform. Built as a parachain of Polkadot, Edgeware is a WebAssembly (Wasm) runtime, high-performance, self-upgrading smart contract platform with on-chain governance. As an infrastructure project, Edgeware aims to address many of the shortcomings facing blockchain technology, including governance hurdles, developer accessibility, and token distribution challenges.

May 21, 2019
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Quantstamp Joins the #CryptoAgainstCOVID Alliance

Quantstamp Joins the #CryptoAgainstCOVID Alliance

Quantstamp is proud to announce that we are contributing to the Binance Charity Project, Crypto Against COVID. Donations made through this global campaign will be used to purchase medical equipment and supplies that will be distributed throughout countries that are currently most heavily impacted by the virus.

Quantstamp Announcements
April 6, 2020
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Quantstamp Joins MyID Alliance

Quantstamp Joins MyID Alliance

Quantstamp is proud to join the MyID Alliance, a Digital ID initiative by ICONLOOP. As the world moves towards more online and less face-to-face interactions, Digital ID will be a key enabling technology. 

Quantstamp Announcements
March 31, 2020
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Market Dynamics of the 1st bZx Hack: Flash Loans and the Insolvent Loan

Market Dynamics of the 1st bZx Hack: Flash Loans and the Insolvent Loan

In this series, we describe the market dynamics of the 1st bZx attack so we can avoid attacks with market manipulation components in the future.

Quantstamp Announcements
March 24, 2020
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Top 3 DeFi Trends

Top 3 DeFi Trends

This post discusses how flash loans, zaps, and DeFi aggregators are leveraging composability in order to simplify the user experience and ultimately make DeFi markets hyper-efficient.

Quantstamp Labs
March 13, 2020
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Bringing Bitcoin to DeFi

Bringing Bitcoin to DeFi

DeFi is blockchain’s first killer app, with assets locked up approaching $1 billion USD. But one major asset is missing: Bitcoin. Bitcoin is not only the first crypto asset, but the largest - with over $168 billion USD of Bitcoin in circulation it has deep pools of liquidity. It is one of the least volatile cryptocurrencies and has a large network of fiat on and off ramps. All these properties make it a great crypto-collateral. We think Bitcoin has the potential to transform the DeFi landscape as the most widespread and liquid asset available today.

Quantstamp Announcements
March 11, 2020
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DeFi’s Double-Edged Sword

DeFi’s Double-Edged Sword

Composability allows for DeFi projects to leverage one another to create powerful new functionality. However this composability also introduces more risk. These issues have existed for a while, but have been made easier to exploit through the introduction of flash loans. While flash loans themselves do not introduce new vulnerabilities, they level the playing field for attacks which previously required large amounts of capital. 

Quantstamp Announcements
March 4, 2020