- Bitrock efficiently accomplished its safety audit by CTDSEC with 0 vulnerabilities discovered.
- The audit that began in July 2023 targeted on Bitrock’s blockchain and sensible contract.
- Rockswap, the official DEX, is making ready for multichain integration, previous to its audit completion.
Bitrock, the Layer 2 EVM-compatible blockchain, has just lately introduced the profitable completion of its safety audit by blockchain safety auditing agency, CTDSEC. After a number of weeks of rigorous evaluation, testing, and quite a few safety enhancements to the Bitrock chain, the audit reveals that “all of the assessments executed to the primary department had been 100% profitable and 0 vulnerabilities had been discovered.”
The announcement, made through Bitrock’s official Twitter account, marks a pivotal second for the blockchain platform. The audit, which started in July 2023, targeted on analyzing Bitrock’s blockchain and sensible contract. The target was clear: establish and rectify any potential safety vulnerabilities within the design and implementation of those parts.
Bitrock, a comparatively new entrant into the Ethereum L2 house, was not created as a fork of an current blockchain. Bitrock is an Ethereum IBFT 2.0 Proof of Authority (PoA) aspect chain slightly than a Proof of labor (POW) or a Proof of Stake (POS), making it quicker, cheaper, and extra scalable than most rivals.
Key options of Bitrock embody a powerful 2-second block time, the capability to course of as much as 12,000 transactions per second (TPS), and near-zero native gasoline charges (~$0.00001). Notably, Bitrock’s whole provide is the same as the circulating provide, with no locked or vested tokens, guaranteeing no additional dilution.
Not like many different aspect chain options, Bitrock opted for a stealth launch in July 2023, with no pre-sale, non-public sale, seed rounds, or enterprise capital backing. This strategic transfer positions Bitrock with a doubtlessly greater ROI as a result of its truthful preliminary market capitalization.
Moreover, Bitrock’s core workforce has undergone Know Your Buyer (KYC) verification with AssureDefi, an organization identified for its collaboration with legislation enforcement companies such because the FBI and the US Legal professional’s Workplace.
The Bitrock ecosystem continues to evolve, with the official DEX, Rockswap, gearing up for multichain integration. It will allow cryptocurrency buying and selling throughout native chains with out utilizing swaps native to these chains or paying gasoline charges in these chains’ native tokens.
Lately, Bitrock introduced the reside staking on its mainnet, providing 60% APY, whereas ETH aspect affords 30% APY. Presently, over 40% of all the provide is staked. Bitrock has additionally accomplished a number of integrations with Dextools, Dexview, Bitmart, Pinksale, Geckoterminal, Avedex, Trustwallet, Sphynx Labs, with Dexscreener and numerous pockets integrations on the way in which.
