Decentralized Smart Contract Verification V2 and Upcoming Events
CheckDot’s mission is to allow every investor to have confidence in every project.
That’s why we offer a decentralized verification service that guarantees that a project is verified and has certain characteristics that make it safe for all investors.
The difficulty for all investors is to have confidence in every project they invest in:
Risks of stealing our money under the carpet (rug pull).
Risks of vulnerabilities on smart contracts.
Our protocol in a few words:
With the help of the decentralized audit protocol, each audited project can be verified by asking a certain number of users to answer simple questions by a qualified team.
This makes it possible to determine whether an audit is performed by reputable companies and whether the audit complies with technical standards in order to determine whether any abuse is possible.
What is the goal?
The objective of decentralized verification is to perform a verification by a large number of users on simplified technical questions.
Once the audit is completed, the audit calculates a score based on the results of the participating users.
This score contributes to the trust score of a project listed on CheckDot.
The goal in the coming months is to set up a decentralized assurance for projects with a decentralized verification and a audit as a prerequisite.
This insurance will be set up for users who wish to have a second recourse in case of loss due to a rugpull or a loss due to an exploitation of the smart contract on token.
How to participate in the verification protocol:
We need you.
Verify correctly and you will be rewarded.
Please note that each of your participation in the protocol helps to make the crypto ecosystem more secure.
To participate in the verifications please follow the Verifications page on our app (app.checkdot.io) periodically.
Please put at least 50 CDTs as collateral to participate.
If you don’t understand a question during a verification please don’t answer it or you will lose 50% of your guarantee if you don’t get a majority.
Official video tutorial:
CheckDot for the second quarter of 2022:
Our current roadmap does not fit anymore with the changes that CheckDot has encountered during the last months.
We will focus on the adoption of our main services:
1. Smart contract audits.
2. Decentralized verification.
3. And the upcoming KYC service.
Our technical work during this quarter:
Implementation of the Staking program (in the next weeks).
Development of a decentralized insurance protocol (more details in a future article).
Work temporarily put on hold:
NFT Shield collection.
STAY SAFE! USE CHECKDOT!
CheckDot Application: app.checkdot.io
CheckDot Verifications: app.checkdot.io/verifications
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For more information on CheckDot follow us on social networks:
Telegram: https://t.me/checkdot
Instagram: https://www.instagram.com/checkdot_protocol
Twitter: https://twitter.com/Checkdot_proto
Website: https://checkdot.io
