According to the official news of decentralized exchange ttsswap, the decentralized exchange of ttsswap officially passed the audit of CK, an American authority, on the evening of February 21, 2022, and officially received the audit report of certik on February 22, 2022, confirming that there are no contract loopholes and 100% security.
Ttsswap will focus on user service, establish a high-quality and comprehensive service concept, and build a first-class decentralized exchange.
Figure 1: certik completes the announcement of ttsswap decentralized exchange smart contract code audit official website
Us blockchain security audit company certik was founded by research teams from Yale University and Columbia University with decades of research results. It provides code security audit services for blockchain applications and smart contracts through “deep specification” formal verification technology. At present, certik has received millions of dollars of investment from Qian’an incubator.
Based on the high requirements for platform technical security, ttsswap decentralized exchange submitted certik for security audit. In this audit, certik made full use of technologies such as dynamic analysis, static analysis and manual review to comprehensively check the project agreement. The audit results did not find any major or key vulnerabilities. Certik has submitted optimization suggestions to ttsswap, which have been applied to the improvement of the code base.
Figure 2: preview of security audit results of smart contract code of ttsswap decentralized exchange
The purpose of contract audit is mainly to check the code standardization, routine loopholes, security loopholes, business logic loopholes, etc. the key is to reduce the business failure caused by the code as expected, and the second is to ensure the safety of funds; The third aspect also reflects the “fairness, openness, impartiality and transparency” after the deployment of smart contracts. At the same time, it is also used to reduce the possibility of being attacked by hackers. In addition, it can minimize the risk before the product goes online.
“There is no absolute security system”, which is not only a warning in the field of network security, but also a joke of hackers on security protection. Blockchain has its own financial attribute. In recent years, from the exchange to wallet and DAPP applications, all of them are the targets of hackers. They seize the loopholes of these platform codes, attack and even blackmail. Once the “money theft” event occurs on these platforms, it is difficult to recover assets. Therefore, code security audit is particularly important.
Figure 3: ttsswap decentralized exchange has passed the audit of certik smart contract code, an American security audit company
Introduction to ttsswap decentralized exchange
Ttsswap is a global cryptocurrency decentralized exchange established in January 2022. The new trading model of one currency and one price is used to completely achieve accurate and error free trading, realize the spiral rising law, complete 0 sliding point transaction, make bold innovation and create new rules for blockchain trading.
Ttsswap selects high-quality currencies through strict currency loading audit mechanism to provide safe and reliable digital asset transactions for global transaction users. At the same time, the unique trading mechanism can automatically determine the market trend, truly realize community autonomous trading, and provide all players in the currency circle with a high-quality digital asset trading environment.
Innovative features of ttsswap decentralized exchange
Bold innovation of transaction model
Ttsswap adopts the trading model of “one currency, one price” and completely achieves accurate and error free trading through a unique calculation formula.
Strict audit mechanism
Strict currency review mechanism to ensure that it can fully meet the standards, select high-quality currencies, and provide safe and reliable digital asset transactions for global transaction users.
Fully automatic control panel mechanism
All token prices have a set of independent calculation formulas, and the unique mechanism charm can realize fully automatic control.
The currency price is dominated by the mechanism, and the individual behavior is placed under the mechanism to truly realize decentralized and community autonomous transactions.
Figure 4: ttsswap will build a first-class decentralized exchange
Due to a series of financial attributes that can be combined, expanded and landed, the defi track has become the focus field of traditional financial integration blockchain technology. As an innovative application of defi technology, ttsswap selects the American authoritative audit institution certik to audit the smart contract code, prevent potential risk threats and ensure the safety of users’ assets, It is also a model for the field of defi technology.
Ttsswap will fully integrate the resource advantages, regional advantages, service advantages, team advantages and brand advantages of all parties, do a good job in every detail, and escort the assets of all capital, currency institutions and users with a more professional, high-quality and responsible vision. Ttsswap will focus on user service, establish a high-quality and comprehensive service concept, and build a first-class decentralized exchange.