how to trust in projects? like www.certik.org ? - page 2.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: network99 on November 20, 2021, 02:05:15 AM

hello guys
how are you ?

Im fine and what about you? Cheesy

Quote from: network99 on November 20, 2021, 02:05:15 AM

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 ?

That site being used to check whether the code that used by the project already fully audited and there was no back door that implemented by the developers or not. That's a good idea to check or verifying the contract was fully audited and there was no shady things already put by the developers to the smartcontract.

Quote from: network99 on November 20, 2021, 02:05:15 AM

have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ?

Yes i have seen that. there are some audit platforms other than certik like hacken and chain security. It's good to see that you're aware about this.

Quote from: network99 on November 20, 2021, 02:05:15 AM

can you help me ?

I have been answering your question and you can see my answer above.

rhomelmabini

hero member

Activity: 2002

Merit: 578

Just because it was audited with the likes of Certik audit doesn't mean it was a safe investment after all. There has been cases that they audited the smart contract of a project e.g. VikingSwap. They are auditing the contracts free from bugs for example but as what Tytanowy Janusz said it doesn't mean your investments are safe or the one running the project.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: network99 on November 20, 2021, 02:05:15 AM

for example https://www.certik.org/ is good idea to check project ?

As far as I'm concerned they check smart contract code only. So its nice to see their audit ... you know that team can't manipulate circulating supply (for instance) or steal your money from liquidity pools (dex). But it does not protects token value (your investment) in case of rug-pulls or team simply disappearing (exit scams).

Top 20 CMC is quite safe and i would not go any further if you are not experienced enough.

blockman

hero member

Activity: 2940

Merit: 627

Vave.com - Crypto Casino

So this project is all about cyber security. I find it interesting when there's a new aim for the project that I'm looking at just like this. It has reached its ATH already and now trying to get back there. Honestly, it made me interesting when I've looked at this project because I'm interested to learn more about cyber security. And since it's new to me, seeing it that it's also in binance makes me think that I can also sell that quickly since there's a reputable exchange that has listed it.

dvndr007

member

Activity: 126

Merit: 10

Quote from: network99 on November 20, 2021, 02:05:15 AM

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 ?

First of all, Dont Trust Anyone.

Do your own research how I do it ?

1) I check out domain when its going to expire it show how long they are thinking to make it.
2) Strength of project ideology is it just another one or something different if I like it I will take risk.
3) Don't get in for 5x 10x 10000x Returns/ 99% people join for profit instead try to be part of it.

Anonylz

hero member

Activity: 2562

Merit: 577

Yeah, part of showing the credibility and security status of a project, being audited by either certik or any other audit company is an important part of a project overall security, it is the primary aspect, the secondary could be the team background and track record,
You can see from the certik site that there are different levels of security scores for each project that top the leaderboard, and also the alert for projects that are vulnerable. So you can always refer to the site to look up security state of a project you are interested in.

network99

jr. member

Activity: 48

Merit: 6

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 ?

Topic: how to trust in projects? like www.certik.org ? - page 2. (Read 211 times)