EOS EVM Ready for Release: Security Audit of the EOS Network Foundation?

04/08/2023 06:18 • Daily Digest • 137 views

According to reports, Yves La Rose, founder and CEO of the EOS Network Foundation, tweeted, “EOS EVM has successfully passed the security audit conducted by Sentnl_IO and we are ready for release. On April 14th, the EOS EVM main website beta version will be launched as scheduled

EOS EVM has completed a security audit and will launch the main network beta version as scheduled

Introduction

EOS Network Foundation is gearing up for yet another launch, this time of its EOS EVM security audit results. The founder and CEO of EOS Network Foundation, Yves La Rose recently tweeted about the successful security audit conducted by Sentnl_IO. In this article, we will explore the EOS EVM and the significance of the security audit that it recently underwent.

What is EOS EVM?

EOS EVM is an infrastructure that makes Ethereum Virtual Machine (EVM) compatible with EOSIO; this compatibility ensures that smart contracts written in Solidity can run on the EOS blockchain. It is an innovation in the world of blockchain since it opens doors for cross-chain decentralized applications, cost savings, and faster transactions.

Security Audit by Sentnl_IO

As an innovative step towards decentralization and cross-chain compatibility, audits of such projects are crucial. This is to ensure that the infrastructure is of high quality, secure, stable and free from vulnerabilities. Sentnl_IO conducted the audit; it is a noted cybersecurity firm that specializes in blockchain and smart contract audits. The result was then verified by CertiK Foundation, which is a leading blockchain security audit firm.

Significance of the Security Audit

A security audit is essential to any blockchain projects to ascertain its security, stability, and quality. Without this audit, smart contracts and other infrastructure could create vulnerabilities that could be exploited by hackers, criminals, and other security threats. The audit helps to identify such vulnerabilities, which can then be patched, thereby improving the security of the entire infrastructure.

Beta Version Launch

According to the tweet by Yves La Rose, the EOS EVM main website beta version will be launched on April 14th, as scheduled. This is a significant milestone in the development of EOS EVM; it will make it possible for Solidity developers to create and run their smart contracts on the EOS blockchain. This release is part of the EOS Network Foundation’s efforts to provide users with a fast, transparent, and secure blockchain.

Conclusion

The EOS EVM security audit results mark an important step towards the launch of the infrastructure; it is a significant milestone. Cross-chain compatibility will create new use cases for the blockchain, which will help it thrive in the long run. Security is essential in blockchain, and with the Sentln_IO conducted audit and verified by CertiK foundation, there will be confidence in the infrastructure.

FAQs

1. What is the significance of the EOS EVM?
The EOS EVM is crucial since it enables Solidity developers to create and run smart contracts on the EOS blockchain, creating cross-chain compatibility and opening up new use cases for the blockchain.
2. Who conducted the EOS EVM security audit?
Sentnl_IO conducted the EOS EVM security audit, providing cybersecurity services that specialize in blockchain and smart contract audits. The results were then verified by CertiK Foundation.
3. When will the EOS EVM beta version be launched?
The EOS EVM beta version will be launched on April 14th, according to a tweet by Yves La Rose, the founder and CEO of the EOS Network Foundation.

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