ZetaChain, a Layer 1 blockchain, is eager to grow its community by welcoming and nurturing various decentralized applications (dApps). Notably, they have revealed QuillAudits as their security collaborator, aiming to bolster the safety protocols for their dApp environment.
The platform actively supports projects using its XP System and Grants Program, strictly enforcing security protocols.
The ZetaChain XP initiative offers fresh quests in partnership with different collaborators every fortnight, ensuring both transparency and security through on-chain execution. By doing so, it effectively keeps the community involved while upholding stringent security protocols for all transactions.
In addition, the Developer Grants Program helps nascent initiatives with meager means, equipping them with essential resources and knowledge for flourishing and staying stable. These endeavors play a vital role in nurturing inventiveness and reducing potential hazards in novel projects.
Enter QuillAudits
To strengthen its promise of safeguarding the security and dependability of projects on its platform, ZetaChain sought the assistance of a reliable collaborator: QuillAudits. In order to create a robust and expansive dApp ecosystem, ZetaChain’s partnership with QuillAudits enhances their thorough evaluation process for prospective projects within their various initiatives.
- QuillAudits will equip dApps building on ZetaChain with essential resources and security tools, like QuillShield, necessary for implementing best security practices, thus, ensuring the safety of the ZetaChain ecosystem for its community to thrive securely.
- Moreover, each project enrolled in their XP program must undergo an initial assessment phase to ensure compliance and optimal security architecture, safeguarding users who’ll interact with onboarded dApps.
- Recipients participating in ZetaChain’s developer grants program must validate their adherence to standard security measures through a similar screening procedure.
- In case any project exhibits inadequate security infrastructure, QuillAudits will extend a preferential rate for their audit solutions to facilitate timely and cost-effective completion of project’s onboarding to the ZetaChain ecosystem.
Preetam Rao, QuillAudits’ CEO, expresses his enthusiasm for working alongside ZetaChain in their endeavor to advance innovation within the blockchain industry. It’s truly heartening to observe a blockchain project taking steps to safeguard value within their ecosystem.
About QuillAudits
With their advanced security offerings, QuillAudits takes the front seat in web3 security. Their solution includes AI-based audit tools, risk assessments from historical data, token verification, and various monitoring features. They are committed to helping every project create a safe space within the web3 community.
About ZetaChain
ZetaChain makes it simple for smart contracts and messages to move between different blockchains. It’s constructed using Cosmos SDK and Tendermint Consensus, making it a decentralized, Proof-of-Stake network where transactions are transparent and verifiable across chains. The distinctive TSS architecture allows nodes to securely monitor and engage with every linked chain, as explained in their whitepaper.
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2024-04-17 12:36