What is Quantstamp?
Quantstamp is the first smart contract security-auditing protocol. It uses formal verification to find bugs before contracts are published to the blockchain. Its token is ERC20.
Does it seek to solve a real problem?
Yes. Although blockchain networks are secure, smart contracts are not. There were hackers who stole Ethereum coins worth millions of dollars due to a bug in the smart contracts. Quantstamp aims to solve this problem.
Does it have an active project with talented developers?
Yes. Quantstamp team is made up of software testing experts who collectively have over 500 Google Scholar citations. Its founders are Richard Ma (Cornell ECE) and Steven Stewart (MCS, BA, PhD, U. Waterloo).
Does it have community behind it?
Yes. Quantstamp has a pretty big community on Github, Telegram, Twitter, and Facebook, to name a few. It also has a well-known supporters such as Blockfolio, Request Network, and Quoine.
Does it have a real world use case?
Yes. Quantstamp is developing a protocol that can audit any smart contract from any blockchain. The protocol is automated, scalable, and without the need of a trusted 3rd party (reducing the costs to make it accessible for the masses).
Disclaimer: All information is from the Quantstamp whitepaper and its official website. The contents are not to be considered investment or legal advice.
Links
Quantstamp Official Website: https://quantstamp.com/
Quantstamp Whitepaper: https://docsend.com/view/shcsmhe
Quantstamp FAQ: https://quantstamp.com/faq
