ConsenSys Releases ‘Fuzzing’ Tool to Test Smart Contract
Ethereum creator Consensys have released an automated tool for smart contract audits to increase security. Consensys, an Ethereum development company, has released a self-contained Fuzzing tool through its Diligence smart contract review section. With this technology, developers can easily find flaws in Ethereum (ETH) smart contracts. Fuzzing has its roots in the identical software testing […]
Cardano hits 5,000 smart contracts on its network
As of February 3, 2023, there were 5,006 smart contracts written with Plutus and currently executing on Cardano. The Cardano (ADA) network had a significant upgrade in September 2021, adding smart contract features and allowing the blockchain to handle transactions more efficiently and quickly. Despite a fall in Cardano’s price in 2022, the network’s growth […]
Charles Hoskinson Proposes New Term for Smart Contracts Facebook
According to IOG CEO Charles Hoskinson, the term “smart contract” is a misnomer when it comes to Cardano. Hoskinson advises that the new feature be referred to as “programmable validators” by the community. Matthias Benkort, an IOG developer, first noticed the semantic mistake. In his thread, he states that due to its eUTXO transaction format, […]
Introduction to Decentralized Finance (DeFi) – CryptoCurrencies and Smart Contract
Cryptocurrencies are digital (DeFi), virtual assets secured basically by transparency and record taking on the BlockChain (a digital ledger), which makes them technically impossible to counterfeit. Each cryptocurrency is unique. Primarily cryptocurrencies are developed to securely store value but the necessity of profits has fueled developers into making extra efforts. Since an increase in market […]