Blog Upcoming Coins

Buy Quantstamp (QSP) India – BuyBitcoin

Written by bccblog

What is Quantstamp?

Quantstamp is a security-auditing protocol for smart contracts. As a dapps platform, Ethereum has proven its security time and again. However, dapps and smart contracts on top of Ethereum may still have bugs in which malicious players can cause havoc on the network. The two most notable examples of these being the $55 million DAO hack and the $30 million Parity wallet bug. These issues not only affect the people who’ve had their funds stolen, but they also diminish the credibility of the entire ecosystem. Buy Quantstamp (QSP) India – BuyBitcoin

Buy Quantstamp (QSP) India - BuyBitcoin

 

Is Bitcoin illegal in India? Click here to know more

Writing smart contracts is already a tough job. Like any other computer programming, writing them without any bugs is near impossible. To add fuel to the fire, the rate at which smart contracts are being written (estimated 10 million by the end of the year) is outpacing the resources needed to audit them. Even with robust security auditing, a small bug could slip through the cracks causing catastrophe down the road.

Trade with BuyBitcoin now. Click here now

 

How does Quantstamp work?

Although the team is focusing on Ethereum now, they’re building the Quantstamp protocol in a way that’s platform agnostic. This means that it can eventually be used on other smart contract platforms like Lisk and NEO. The Quantstamp protocol has a two-pronged approach to security auditing:

  • Automated software verification system
  • Automated bounty payout system

 

Quantstamp team & progress

The Quantstamp team consists of 22 members and advisors with over 500 Google Scholar citations. Steven Stuart (CTO) and Richard Ma (CEO) founded the team in June of 2017. Stuart worked 5 years in Canada’s cryptologic agency in the Department of National Defense and previously founded Many Trees, a start-up that uses GPUs for Big Data analytics and machine learning. Ma built production-grade integration and validation testing software at the Bitcoin HFT Fund. During his time there, his trading systems had no notable issues and handled millions of dollars in investment capital.

Learn how to choose ICOs. Click here for a better investment.

How to buy Quantstamp (QSP) India directly in INR?

You can buy Quantstamp (QSP) from BuyBitcoin. BuyBitcoin is the Indian exchange listing the maximum number of cryptocurrencies and with the following features.

DOWNLOAD THE APP NOW

  • You can buy/sell and trade 25+ coins which are listed on the platform.
  • Live trading 24/7 with zero buy-sell price difference.
  • Open order book support, so you can set your buy and sell orders at a rate different from the market.
  • Secured with utmost standard of the industry.
  • Our 24/7 customer support team is always there to help you out.

 

loading...

About the author

bccblog

1 Comment

Leave a Comment