MarbleCake cryptocurrency platform and its security

dongocrypto (28)in #evolution • 2 years ago

What is MarbleCake trying to address)>

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Because of the growing size and significance of the DeFi corporation, the demands placed on the security measures in place inside the organization expand in direct proportion to the business's size and significance. As a result of the rapid evolution of technology, several new vulnerabilities have been discovered and are currently being exploited by cybercriminals. In the unfortunate reality of the scenario, it is the end-user who bears the brunt of the financial cost associated with the issue, which is a source of considerable irritation. Marblecake has put in place a variety of security measures in order to improve the overall security of the company.

Steps were taken by MarbleCake to ensure the security of their platform)>

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The widespread use of smart contracts has resulted in their being subjected to regular audits by independent third-party auditors who are not affiliated with the corporation that designed them. On the company's website, it states that as part of the assessment process, unbiased specialists who are well-known and famous in the business will also study and provide feedback on the contracts under consideration. When unforeseeable events occur, it will be necessary to put in place a comprehensive monitoring system in order to keep track of what is going on in real-time.

Animals such as malignant whales that behave in an unexpected manner, as well as high-frequency transactions that take place in a short period of time, are also examples of aberrant behavior that could be seen as suspicious in the natural world. Suspension or cancellation of contracts may be essential in certain circumstances, such as system breakdown or another incident of a similar type. If one of the parties who has experienced a financial loss intends to be paid in the future, it is advisable to establish a reserve fund for that purpose. In the event that the other party experiences a financial loss as well, this money should be accessible to compensate them.

The aims of MarbleCake)>

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The following goals, in addition to offering high-quality DeFi tools, are sought after by Marblecake: Accessibility and trading of crypto assets by clients who are new to the firm's products and services is vital, and this implies that the process must be made as simple as possible for those who are new to the organization's products and services. Several people have expressed an interest in the establishment of a Decentralized Financial System following MarbleCake's long-term success in the cryptocurrency space, which has sparked widespread interest (DeFi).

It is widely accepted as being vital for a variety of reasons, including the safety and security of the company, its owners, and its investors. MarbleCake intends to accomplish this by bringing together a varied set of partners in order to ease the adoption of DeFi throughout its whole investment base, which includes its own commercial activities, as well as throughout its entire investment base. Despite the fact that a big majority of the world's population is still unfamiliar with blockchain technology at this time, Marblecake believes that outreach operations to enhance cryptocurrency adoption, and hence the establishment of new user groups for the coin, has tremendous potential.

*To finish it off)>

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Aside from establishing high-yield techniques, MarbleCake hopes to employ a burn mechanism to construct safe long-term holdings with guaranteed interest payments and hard-coded scarcity, as well as to construct secure long-term holdings with guaranteed interest payments and hard-coded scarcity. At the same time, MarbleCake is working on integrating automated yields into the protocol, which they believe will reduce the need to sell tokens to lock in profits. In the end, it took Marble until February 2022 to successfully complete its first IDO, which was important in getting the project off the ground and moving it forward on the right path from the beginning. First and foremost, a second token sale will be held in the second quarter of 2022, with the proceeds going for liquidity provisions on PancakeSwap and the native DEX, as well as marketing and further development of the platform. MarbleCake has caught its pace and it is not going to stop.

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