Everything you need to know about a DAO
Everything you need to know about a DAO A DAO is a Decentralized Autonomous Organization. It is software that lives on a blockchain. This is collectively owned and managed by its members. They have a fixed set of rules and regulations which are executed through code, in the form of
What is the difference between Proof of Work (PoW) and Proof of Stake (PoS)
Behind every cryptocurrency, a complex network of computers works relentlessly to secure the software from attackers and regulate the supply. The system is known as a consensus mechanism and a couple of most common mechanisms are Proof of Work (PoW) and Proof of Stake (PoS). Both mechanisms have unique features
How to Mitigate Cyber Attacks through Penetration Testing
In 2020, cyber-attack was rated the fifth top-rated risk for organizations. What’s more, the cyber crime industry is becoming more sophisticated year by year. So, what is your cyber attack mitigation strategy? The best way is through penetration testing. Your business must have an extensive cyber security strategy such as
Why are Flash Loan attacks on the rise?
Flash loan attacks are on the rise in the DeFi space. Within a very short time frame, sometimes just seconds, you can run off with a serious amount of money. Let us have a look at what flash loan and a flash loan attacks are. The picture below tells in
Why does Security Auditors play an important role in the cryptocurrency industry?
Smart contract auditors are experienced consultants that examine smart contract codes for vulnerabilities and to determine if the code has been compromised in any way. The auditors are essentially a group of cryptocurrency experts with a focus on blockchain. Auditing smart contracts isn’t easy. To keep your assets safe from
