The CertiK platform is envisaged to be a formal verification framework for building fully trustworthy smart contacts and blockchain ecosystems. Different from the traditional testing approaches to detect bugs, the CertiK platform attempts to mathematically prove that blockchain ecosystems are bug-free.The Foundation has developed modular verification techniques to decompose such an otherwise prohibitive proof task into smaller ones that can be automatically solved in a decentralized style. These proof objects can be built and encoded in the CertiK platform’s transactions and will then be validated by other participants.
Thus, the CertiK platform’s blockchain is intended to work as certificates to exhibit the end-to-end correctness and security of the verified smart contracts, libraries of decentralized applications (DApp), and the implementations of the blockchain itself.
Combine manual testing, static analysis, and formal verification for the most robust smart contract security in the industry.
Integrate with CertiK’s formal verification proof engine to create a more scalable and secure ecosystem.
Leverage a world-class team of cybersecurity experts to prevent critical attack vectors and vulnerabilities.
Makert Competitive environment:According to the market research by the team, smart contracts/ dApps verification market can be as large as one trillion dollars.Direct competitors in the blockchain space:Quantstamp - raised $31,3M, capitalization – $ 48,8M, ROI USD - 1,1x;Zeppelin – wasn’t held, capitalization – not available.Projects Quantstamp and Zeppelin are very human intensive and do not involve much automation, so they are far less scaleable than CertiK. Furthermore, libraries provided by OpenZeppelin are either not verified or do not offer mechanized proof objects.Companies Solidified and Security can only be used to check/verify a list of fixed properties rather than the functional correctness.Runtime Verification – work of this company still remains at the research stage and it is an unknown how their techniques can be applied to industry-grade systems.
The project advantages:Strong team;Support of large investors;Already established strategic partnerships;There is a video demo of the MVP;Well-developed infrastructure;There are only a few companies on the market, who are working in the same niche, but team points out advantages of their project over the competitors;
SOCIAL ACTIVITYThe project popularity in the social networks and discussion forumsThe project is detected on the radar of the next influencers: ICO Pantera, OhHeyMatty.Youtube: 206 subscribers, average number of views per video is 140, average number of comments under each video is 2, user activity is low.Medium: 635 followers, the average number of likes per post is 70, without any discussion in the comment section, user activity is low.Telegram: 39,2k members, admins on the Telegram-channel are responding quickly, user activity is high.
Havent Found Any Yet
Advantages.1. At least in the ico market, there are few competitors in the field of code audit. It is a blue ocean and is better than a quantstamp.2. It is one of the few projects that Binance initially invested in. NGC also invested.3. A strong team based on Yale and a very fast roadmapA complementary point1. No specific schedule or token matrix has been published yet.2. There is a need to gather code audit groups.
cCertiK is a formal verification framework for building fully trustworthy smart contracts and blockchain ecosystems, which was founded in Silicon Valley. The platform’s aim is to help people construct bug-free and hacker-resistant smart contracts and blockchain ecosystems. CertiK’s founders are world-class formal verification experts from Yale University and Columbia University, and the senior software engineers have worked for companies such as Google, Facebook, and FreeWheel. If the team can execute their roadmap, they will be massive competition for the likes of Quantstamp and Zeppelin. Recently CertiK’s Telegram channel has also ballooned in size, and substantial interest from several cryptocurrency communities is present. We believe CertiK should have no problem reaching their hard cap and having unmet demand once the crowdsale finalzies. We believe this is a promising investment, especially for the medium-to-long run.
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