BlockDAG Security Commitment
At BlockDAG, security is at the core of everything we do.
We understand that trust is earned through transparency and rigorous testing, and our multi-layered security strategy reflects our dedication to protecting our blockchain ecosystem and its users.
STAGE ONE
Treasury & Vesting Smart Contract Audit
We have implemented a comprehensive three-level approach to ensure the utmost security for our primary treasury and vesting smart contract:
Internal Audit
Our in-house team conducted an exhaustive review using advanced code analysis tools, extensive unit tests, and integration tests to identify and address potential vulnerabilities.
Click on above logo to readExternal Audit 1: Halborn
We partnered with Halborn, a renowned security firm, to provide an independent assessment. Their review validated our internal findings and helped fortify our security measures.
Click on above logo to readExternal Audit 2: Certik
We are currently collaborating with Certik for an additional layer of scrutiny to further enhance our smart contract security.
Looking ahead
Comprehensive
Blockchain Audit
Following the beta release of our testnet, we will initiate a full-scale, third-party audit of the entire BlockDAG blockchain. This audit will cover critical components, including:
Protocol & Consensus Mechanism Security
Ensuring our core blockchain protocols and consensus algorithms are resilient against attacks.
Network & Node Security
Evaluating the integrity and robustness of our network architecture and node infrastructure.
Smart Contract Security
Extending our rigorous audits across all deployed contracts.
Cryptographic Security
Assessing the strength and implementation of our cryptographic techniques.
Blockchain Data & Storage Security
Verifying that data integrity and storage solutions remain secure and reliable.
DeFi & Tokenomics Security
Reviewing our decentralized finance frameworks and token economic models for potential risks.
Governance & Upgradeability Risks
Analyzing the mechanisms for blockchain governance and future upgrades.
Interoperability & Cross-Chain Security
Ensuring secure interactions with other chains and external systems.
Performance & Scalability Testing
Stress-testing our blockchain to confirm its performance and scalability under load.
Incident Response & Monitoring
Implementing robust strategies for rapid detection, response, and mitigation of potential security incidents.
COMMUNITY ENGAGEMENT
Bug Bounty Program
In addition to our extensive audit processes, we recognize that community participation is vital for achieving a truly secure ecosystem. To further bolster our defenses, we will launch a Bug Bounty Program immediately following our primordial testnet release. This initiative will:
Incentivize Ethical Hacking
Reward security researchers and ethical hackers for identifying and reporting vulnerabilities.
Enhance Transparency
Engage the global security community in continuous testing, ensuring that even the most elusive issues are identified and addressed.
Accelerate Resolution
Enable us to promptly patch any vulnerabilities with insights provided directly by the community.
Our commitment to security is a collaborative effort, and the Bug Bounty Program is a key component of our strategy to build a resilient and trustworthy blockchain.
Organizational Security
Beyond technical audits and community-driven security measures, BlockDAG has instituted comprehensive organizational security protocols. In the lead-up to and following our listing, we enforce strict processes to protect sensitive information—ensuring the integrity of our investor list and adherence to a meticulously structured vesting schedule.
Our robust financial controls include regular financial audits and multi-person approval processes to safeguard the treasury of both fiat and crypto assets. Additionally, BlockDAG has implemented the MPC platform ForDeFi, which leverages advanced cryptographic techniques and distributed key management to secure our on-chain assets.
Our Promise
At BlockDAG, our commitment to security is unwavering. Through continuous audits, a proactive bug bounty program, and state-of-the-art security practices, we strive to build a blockchain ecosystem that is both innovative and secure. We invite you to follow our progress as we advance towards a secure, reliable, and resilient blockchain future.Enable us to promptly patch any vulnerabilities with insights provided directly by the community.
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