Topic: how to trust in projects? like www.certik.org ? (Read 246 times)
I know, Certic is one of the startups pioneering blockchain cybersecurity. The founder behind certiK is a professor of computer science at Yale University. So far, certiK is said have more than 320 customers with a total digital asset value of more than USD 10 billion.
If you check it on the project's website, it is certain that what is written there is only good stuff so that everyone can be very interesting to follow it while things that are still lacking for the project will not be written down immediately because if it is written, then investors will definitely will not approach the project.
Get audit certificates from big blockchain security audit companies is good and makes a project looks more trusted at least in term of security. However security and quality of a project are different. Quality of a project comes from the original idea that contributes on how a project will be built up.A good idea, a good project can be compromised and we can not find any perfect company and product that have never been compromised in history. Google, Microsoft, Apple all have some types of compromise on their platforms, apps. Anyway because they are good and have strong resources, they fix issues quickly and keep moving on.
I think it's quite good if we go in and invest in a project by checking the project on the website, because the data provided by the website in my opinion is quite accurate and updated so that we can use it as a reference for several projects so that we can be calmer in investing in altcoins.
If you check it on the project's website, it is certain that what is written there is only good stuff so that everyone can be very interesting to follow it while things that are still lacking for the project will not be written down immediately because if it is written, then investors will definitely will not approach the project. 
Hi guys, I want to share how to find out about the project of the coin you want to buy.
This is the usual way I do in finding out about ongoing and completed projects.
1. Of course, I checked it at the check, whether the coin has been audited by the certificate or not. Usually the coins that have been audited will have a good reputation and are worth buying.
2. I did some research on their whitelist, to see the purpose of their coin being formed, see what projects they will develop and their target completion. it is very important to see how well this coin can develop and compete in the crypto world.
3. do research on their roadmap, this is used to see how far they have completed their project, have it been completed according to the targets they set or not, see what projects are currently running, see what projects will be developed next, and see the schedule sales, airdrops, listings and more.
4. Enter the community. by entering the community we will know how strong this community is in supporting and promoting this coin so that it is known by many people and can develop well
That's the way I usually use, hope it helps.
This is the usual way I do in finding out about ongoing and completed projects.
1. Of course, I checked it at the check, whether the coin has been audited by the certificate or not. Usually the coins that have been audited will have a good reputation and are worth buying.
2. I did some research on their whitelist, to see the purpose of their coin being formed, see what projects they will develop and their target completion. it is very important to see how well this coin can develop and compete in the crypto world.
3. do research on their roadmap, this is used to see how far they have completed their project, have it been completed according to the targets they set or not, see what projects are currently running, see what projects will be developed next, and see the schedule sales, airdrops, listings and more.
4. Enter the community. by entering the community we will know how strong this community is in supporting and promoting this coin so that it is known by many people and can develop well
That's the way I usually use, hope it helps.
I think it's quite good if we go in and invest in a project by checking the project on the website, because the data provided by the website in my opinion is quite accurate and updated so that we can use it as a reference for several projects so that we can be calmer in investing in altcoins.
CertiK is an infrastructure and a set of tools for checking the security of smart contracts, using which you can find vulnerabilities. Personally I am used to trusting projects that have audits from such popular platforms, so when I investigate projects, I check if it has passed the audit.
This web-site gives different ranks to projects based on the level of security so you had better always check the rank of the project before investing on certik or rugpull.
This web-site gives different ranks to projects based on the level of security so you had better always check the rank of the project before investing on certik or rugpull.
hello guys
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
IMO, I think Certik is just a smart-contract and security auditing platform, other than that they cannot give us a guarantee on every project that has passed and audited by them, But I agree that a security audit is needed to ensure that the smart contract is working well and don't have any holes that might be exploited by hackers, Certik is just one of the few auditing platforms that I've known aside from Callisto, Kudelski, ConsenSys, Experfy, Hacken, etc.
Certik is one of the most trusted audit firms on the blockchain. In general, investors check whether there is an audit on new coins and invest accordingly. In my opinion, I think it would be better if several audit companies audited the projects instead of a single audit company.
Besides Certik, another security blockchain audit company is Techrate.org.Quote
what do you think, are companies like certik enough on their own?
I mentioned about that audit from Certik or any other company is only evidence that smart contract is peer-reviewed and can be safely. We can not know it is totally safe. We only know it with time and real operation of a smart contract.Smart contract safety is first and important but the quality of a project depends on core ideas from which it was born and not related to the smart contract safety. So smart contract audit is not enough. Look more at White paper.
Certik is one of the most trusted audit firms on the blockchain. In general, investors check whether there is an audit on new coins and invest accordingly. In my opinion, I think it would be better if several audit companies audited the projects instead of a single audit company. what do you think, are companies like certik enough on their own?
for example https://www.certik.org/ is good idea to check project ?
Certik is very famous in blockchain industry especially in security. Here is the description on their LinkedinQuote
CertiK is a pioneer in blockchain security, utilizing best-in-class AI technology to secure and monitor blockchain protocols and smart contracts
Most of projects nowadays are run on smart contracts and if smart contract is hacked, that is terrible for not only project but for all investors. Therefore investors will look at security audit from company like Certik to assess projects before they do investment.It is about security only, not about quality or potential to grow of a project.
Not sure if checking a project code is enough to trust a project.
We have seen projects getting an independent auditor to check their code and it pass. However, after a few months, it was hack. I can't remember which project it was though. But the point is that we shouldn't trust anyone here not even those who claim they have the cutting technology to check for security loopholes and exploits.
We have seen projects getting an independent auditor to check their code and it pass. However, after a few months, it was hack. I can't remember which project it was though. But the point is that we shouldn't trust anyone here not even those who claim they have the cutting technology to check for security loopholes and exploits.
This is relative, because the certificate is quite often the standard for checking a project and not a few of every project that has passed the inspection of the certificate provides a little guarantee and good prospect security. Although not a few also do not pass the examination of success in the market.
Certik only checks the code on the smart contract, not to help you escape scams. As we know there are lots of smart contracts that have problems, such as not being able to be sold, steal assets from buyer wallet, etc. This is the function of the audit to make sure the contract is save.
Many projects have audited at Certik but they failed to survive because too many early adopters are just looking for quick profits. The mass selling made prices dump, FUD happened everywhere and finally the project was stopped or abandoned by the devs. They are not scam, but it will be same as you are being scammed because even you sell tokens, maybe you are lose xx%.
Many projects have audited at Certik but they failed to survive because too many early adopters are just looking for quick profits. The mass selling made prices dump, FUD happened everywhere and finally the project was stopped or abandoned by the devs. They are not scam, but it will be same as you are being scammed because even you sell tokens, maybe you are lose xx%.
hello guys
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
no one talks about that projects, but base on my research there are some sites around the internet that provides ratings of some crypto projects including this one. i don't know if they're legitimate as well . Try to check the links below.. how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
° https://www.scamadviser.com/check-website/certik.org
° https://isthiscoinascam.com/check/certik
By the way for me in my personal opinion it seems not a scam project because it has a value already approximately $1 and listed in some trusted sites especially CMC.. Perhaps can be traded as well. Maybe you ask if its a scam because of the situation wherein keep bleeding.. Fyi mate its a normal situation ..and you can actually determine if the project is a scam if it has no value for how many year or months because it's not normal. .
hello guys
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
Certik is only one from many tools which can tell us the project is true or no. Certik only provide audit so the smart contract is not breach or developer can not do potential rugg pull. Another research you need to do is team research and social media research.
hello guys
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
Certik is like a cat in a bag TBH. MAny projects will pay Certik to get listed on their website, and the code might be actually audited and safe, but there's always chance of a rugpull.
So be careful
There are few more things that you can check before investing in a project. Check whether they have been initially funded by any VC. A lot new projects are getting funded in the initial stages that they are not even conducting private sale and sometimes public sale too. This simple check will help you understand the backing of the project and how long will it go?
You can try to combine some things as metrics to determine the trust for altcoin. Audit by certik can be considered as the most important part in this case but you must also consider about the community, developers, beta/mvp. The audit by certik was good and so many exchange sites have been using this as their standard to listing the new tokens. It's a good idea to always check the audit for the code to avoid the possibility for vulnerability cases to happen like rugpull. There are lots of online applications like certik but i think that would be good if you're also seeing another aspect. You need also to search the track record of the team. If that person in the team has a very bad track record in the crypto and this can be a strong point to avoid the project and abandon it. You need to add another standard to identity whether that project was legit or not.
hello guys
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
how are you ?
have a nice time
I have a question about altcoin and that projects !
how to check and trust in altcoin and that projects ?
for example https://www.certik.org/ is good idea to check project ?
have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?
can you help me ?
I don't quite understand what this check from Certik gives you as in investor... Well, it's better than nothing, of course. This shows you that admins spent some time and money to pass this check. At least they are not 15 years old nerds
The audit from certik cannot be the only reference that the project is safe, but in my opinion, it's an added value if the new project has audit results from certik. There are many methods and ways to identify scams. For example, there are websites such as token sniffers for BSC tokens to check the smart contract of the token, etc.
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