Conceiving for You a More Resolute Crypto Space

There is no end to what all human beings can do, and yet there is little we do better than growing on a consistent basis. This progressive approach, on our part, has already got us to hit upon some huge milestones, with technology emerging as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown to become a lot more evident in recent times, and assuming a new cryptocurrency-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.

CertiK, the leading provider of blockchain security solutions, has officially launched an all-in-one security, due diligence, and insights platform called Skynet for Community, which is designed to offer you a more guided Web3 experience. According to certain reports, the stated platform works by delivering a wide assortment of tools for research, analysis, and monitoring to better inform users, investors, and community members, thus helping them map out an effective Web3 pathway. These tools are an interesting piece of the puzzle, as they are the ones that generate in-depth insights to help users discover new projects, conduct due diligence on projects of interest, and keep up to date on the latest news and developments in the Web3 space. Another detail worth a mention here is how the platform, alongside its technological prowess, also takes complete care of the security aspect. You see, thanks to a dedicated Security Leaderboard, Skynet for Community is able to rank projects on the basis of their Security Score and market performance. However, this isn’t the only ranking feature in play, considering the platform even has a Verified Teams (KYC) Leaderboard to organize projects based on the status of their CertiK KYC Badge, which is awarded to project teams that undergo an extensive background investigation.

“Skynet for Community is a revolutionary product that leverages CertiK’s expertise in blockchain security to provide an independent, transparent, and comprehensive evaluation of Web3 projects,” said Professor Ronghui Gu, co-founder and CEO of CertiK. “We are excited to launch this product and offer the Web3 community a powerful tool that makes it easy to do your own research.”

Talk about what parameters the solution uses for finalizing these eventual rankings, it banks upon on both automated and manual measures to do so. In the manual setup, the signal scores are determined by CertiK’s research analysts and security experts, who evaluate factors such as the quality of whitepapers, documentation, and other related aspects. Moving on to the automated side of things, the scores here are generated on the back of software and monitoring systems making real-time calculations, calculations that take into consideration factors like wider cybersecurity framework, specific security incidents, and potential impact of the stated incidents.

Hold on, there is more. Skynet for Community further makes a point to bring forth tools like Exchange Analyzer that allow users to conduct due diligence on centralized exchanges by displaying their on-chain asset holdings. Next up, we have Skynet Alerts for providing updates on various developments across the cryptocurrency sector. Then, there is also a Wallet Analyzer, which provides insights on wallet addresses and makes it easy to both visualize and decipher on-chain transactions between wallets.

Founded in 2018, CertiK has swiftly risen up the ranks to become a genuine leader of blockchain security. The company’s excellence in what it does can be inferred through the fact that it has, so far, audited more than 3,900 Web3 projects, while simultaneously securing hundreds of billions of dollars in market capitalization.