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!

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

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Security Tips for RPC endpoint users

 Security Tips for RPC Endpoint Users

Read Time: 5 minutes In recent years, RPC endpoints in blockchains became pivotal elements and instruments for dApps building. At the same time, even reputable protocols and services are still losing money and data due to issues with API and RPC endpoint security.  What is RPC in blockchain? In the segment of blockchain-based apps or decentralized applications (dApps), RPC

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Shamir Secret Exchange

Shamir’s Secret Sharing Demystified: A Visual Guide

Read Time: 13 minutes Introduction to Shamir’s Secret Sharing Shamir’s Secret Sharing, named after its inventor Adi Shamir, is a cryptographic method introduced in 1979. This innovative scheme revolutionized the way sensitive information is protected and shared. At its core, Shamir’s Secret Sharing is a form of secure key management, where a secret, such as a cryptographic key or

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Ethereum ETFs

Ethereum ETFs: How They’re Set to Drive DeFi Investments?

Read Time: 5 minutes For a long time, regular finance and cryptocurrencies stayed separate. But as digital currencies became more popular for investing, they started entering traditional markets.  Crypto Exchange-Traded Funds (ETFs) are a big part of this! ETFs let people invest in cryptocurrencies using a system they’re used to, like buying stocks, except that it is designed to

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