I have absolutely no doubt that this project is going to be a game changer. With highly experienced computer science Professors and Research Scientist from Yale University in their core team, former software engineers from Google, Facebook and Freewheel and amazing partnership with the some of the biggest names in crypto: Bitmain, NEO, ICX, FBG Capital, XRP Capital to name a few, this project has everything for us to get excited about.
Blockchains doesn't require a central authority of trust and reach consensus in a decentralized manner via Proof of Work(POW) or Proof Of Stake (POS). Recent days we have seen various attacks and hacks,for instance,
Ethereum DAO Hackwhich stole 3.6M ether ( then $50M) leading to the hardfork and all.
The Bancor Security Breach which resulted in a loss of $23.5M etc...
This essentially points to the fact that blockchains though more secure than centralized servers, are not entirely secure and are prone to hacks too. More information on Blockchain Hacks, you may read in the above link.
Here comes Certik to the RESCUE. You may read the Keynote & Whitepaper here.
In short, "CertiK is a formal verification framework to mathematically prove that smart contracts and blockchain ecosystems are bug-free and hacker-resistant."
From Yale University website
Another awesome news is that the strategic partners have already started working together on a project to secure their blockchain.
NEO partnering and actually working with Certik puts in a lot more credibility in this project and the irony is that Certik ICO is still TBA. Im investing. Hopefully they will come out with a date soon...
Official Certik Twitter Account
Official Certik Telegram Channel
Hope this was helpful and informative peeps and do sign up to Binance or Huobi for trading/buying crypto & in IC markets to trade crypto/usd pairs in MT4. Also consider using BITMEX and try your luck at 100x :)
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