RTrade Technologies Ltd - Smart Contract Audit Announcement

in #cryptocurrency3 years ago

RTrade Technologies Ltd, Is Happy to Announce that we are officially undergoing the process of a Smart Contract Audit!

The purpose for RTrade Technologies Ltd. Smart Contract audit is to ensure our code security and its validity. We are putting all smart contracts for TEMPORAL, and RTCoin to the test. The RTrade team views this as not only a necessity, but a way of giving back to our trusting community and partners/investors as we move closer to launch. RTrade is aiming to have our signature "R" a global stamp of remembrance, automatically relating to quality projects and a trusted company name. This is our company’s way to bring value to the world and respect everyone in it. We are always pushing ourselves to learn the needs of the future while building the steps today that will lead us there.

We have chosen SmartDec in order achieve this goal. SmartDec is a company with more than a decade experience in application security. Smart Dec has been researching Ethereum Smart Contract security since 2017. They analyze the security of smart contracts and related applications, also analyzing the integration between smart contracts and side applications. They are now considered as one of the most experienced teams in this area, assisting over a hundred blockchain companies to date.

We would like to thank everyone who has been with us from the start as we keep powering forward to prove and solidify our place in the world of Blockchain technology. We would also like to extend a personal thanks to Jonathan Dunford for connecting us with SmartDec.

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which technology are using?

For smart contracts we use the Ethereum blockchain, but for TEMPORAL we are leveraging IPFS, LibP2P, and other technologies. If you want to see more of the technology we are using check out our GitHub https://github.com/RTradeLtd

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Do you deal in cryptocurrencies?

Has your smartphone slowed down suddenly , warmed up and the battery drained down for no discernible reason?
If so, it may have been hijacked to mine cryptocurrencies over your smartphones. There’s a chance your computer or phone is quietly producing a cryptocurrency .
cryp.jpg

This new type of cyberattack is called "cryptojacking" by security experts .
Gerome Billois, an expert at the IT service management company Wavestone, said, " It consists of entrapping an internet server, a personal computer or a smartphone to install malware to mine cryptocurrencies,"
Mining is the process of helping verification and process transactions in a given virtual currency. Miners are now and then rewarded in exchange with some of the currency themselves.

Legitimate mining operations link thousands of processors together to increase the computing power available to earn cryptocurrencies rapidly.
Mining of bitcoin, ethereum, monero and other cryptocurrencies may be very profitable, but it requires considerable investments and generates huge electricity bills. But hackers have found a cheaper option i.e secretly exploiting the processors in smartphones .
m,.jpg

Hackers turn to the digital world's equivalent of the Trojan horse subterfuge of Greek mythology: inside an innocuous-looking app to lure victims.

The popularity of games in the present world of gadget makes them attractive for hackers. Mining is at best a nuisance, it slows down the operation of the phone and makes it warm to the touch as the processor tries to unlock cryptocurrency and accomplish other task. Cryptojacking can affects any smartphones running with Google's Android operating system .

Steps to take to protect one's phone.
Laurent Petroque at F5 Networks, online fraud expert, said, " Besides installing an antivirus program, it is important to update Android phones to the latest version available" .
People who want to download apps from non-official sources are at more risk of downloading a malicious apps and need to adapt it constantly to the evolution of threats.

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