QuillAudits Team

We are a team of blockchain passionate folks, always exploring and demonstrating the blockchain potential to the world.Come, joins us by following us on social media, we would love it!

Asset Tokenization

Transforming Assets: Unlocking Real-World Asset Tokenization

Read Time: 7 minutes In the blockchain, real-world assets (RWAs) are digital tokens that stand for tangible and conventional financial assets, including money, raw materials, stocks, and bonds. As per DeFi Llama data, the current total locked value in Tokenized Real World Assets amounts to 3.9 billion dollars. These encompass real estate, art, commodities, and intellectual property. Digitizing physical […]

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zk-STARKs vs zk-SNARKs

Blockchain’s Privacy Frontier: zk-STARKs vs zk-SNARKs Explained

Read Time: 7 minutes Introduction  In 2022, Epic Games CEO Tim Sweeney expressed that zero-knowledge proofs (ZKPs) would be a crucial aspect of blockchain technology in the future. ZKPs allow us to prove the truth of something through cryptography without disclosing additional information. They offer strong privacy and scalability, as we only need to share a cryptographic proof of

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Unique Identifiers

Web3 Security Essentials: Understanding and Protecting Unique Identifiers

Read Time: 9 minutes Web3 has transformed our identities into vital components of online interactions, transactions, and connections. Unique Identifiers (UIDs) address privacy, security, and data control challenges, securing our digital footprints. UIDs serve as the backbone of the Web3 framework, essential for identifying and managing users, assets, and transactions in a decentralized environment. But the uniqueness of UIDs

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Smart Contract Risks

Navigating Smart Contract Risks and Best Practices

Read Time: 9 minutes The concept of decentralization in DeFi may mask the real risks that both experienced and new investors might encounter. Smart contracts, critical to DeFi platforms, are self-executing contracts with the terms directly written into code. While they enhance efficiency and transparency, their permanent nature means that any code errors could lead to irreversible outcomes. Therefore,

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Nakamoto Consensus

What Is Nakamoto Consensus? The Mechanism That Powers Bitcoin  

Read Time: 7 minutes Introduction Imagine a lively market where diverse people trade things and services, relying on trust and openness. The key challenge is to secure the integrity of transactions without relying on intermediaries. This is where blockchain comes into play, serving as a cutting-edge database system that enables open sharing of information within a business network. The

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NFT Security

NFT Security 101: Common Vulnerabilities and Major NFT Hacks

Read Time: 6 minutes According to statista.com projections, the non-fungible token (NFT) market is expected to experience significant growth in terms of both revenue and user engagement. The NFT market is anticipated to generate roughly US$2,378.00 million in revenue by 2024. With a predicted annual growth rate (CAGR) of 11.34% between 2024 and 2027, this rising trend is expected

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Radiant Hack Analysis

Radiant Capital Hack Analysis

Read Time: 7 minutes Decoding the Radiant Capital Heist: A Comprehensive Analysis of the $4.5 Million Cyberattack Summary On January 3, 2024, Radiant Capital, a cross-chain lending protocol on Arbitrum, was exploited for approximately $4.5 million worth of ETH. The hack primarily resulted from vulnerabilities in the smart contract code and leveraged existing rounding issues in the codebase. About

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Shared Sequencing

Demystifying Shared Sequencing

Read Time: 7 minutes Introduction  In the rapidly evolving sphere of blockchain technology, a significant spotlight has been cast on Layer 2 scaling solutions, particularly as a response to the pressing scalability challenges inherent in decentralized networks. Among these innovative solutions, optimistic rollups have carved out a niche for their effectiveness. At the core of these rollups is an

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Automated Smart Contract Auditing

A Comprehensive Guide to Automated Smart Contract Auditing 

Read Time: 5 minutes The adoption of smart contracts has surged remarkably. Believe not? In the first quarter of 2022, 1.45 million Ethereum smart contracts came into existence. That’s a notable 24.7% leap from the previous quarter, which saw 1.16 million smart contracts created.  This not only underscores the current prevalence but also hints at the tremendous growth anticipated

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zkEVM : Ethereum Scaling Solution

zkEVM: A Comprehensive Guide on Ethereum Scaling Solution 

Read Time: 5 minutes Introduction The innovative zkEVM technology presents a groundbreaking method for executing smart contracts, focusing on both privacy and performance. This technology not only showcases its technical excellence but also offers practical advantages for both businesses and developers. zkEVM paves the way for secure and efficient scaling of Ethereum-based applications, opening up possibilities for blockchain solutions

zkEVM: A Comprehensive Guide on Ethereum Scaling Solution  Read More »

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