Telegraph Smart Contract Audit: Making Node Participation Secure and Accessible
Telegraph is an exciting new blockchain platform that’s shaking things up by letting anyone become a node participant. All you need to do is pay a fee using its native ERC20 token! By making node access so much easier, Telegraph aims to boost decentralization and community involvement across the blockchain world.
To make sure its smart contracts are super reliable and secure, Telegraph brought in EtherAuthority, a well-known name in blockchain security, to conduct a comprehensive audit.
What the Audit Uncovered
The smart contracts that power Telegraph were built using Solidity, and they underwent both automated and manual analysis. EtherAuthority used industry-leading tools like Slither, Solhint, and Remix IDE to really dig into the contracts’ integrity, logic, and overall security.
The audit concluded that Telegraph’s smart contracts are “Secured,” which means no critical, high, or medium-level vulnerabilities were found. However, the code does have some owner controls in place. This means it’s not yet fully decentralized – a common characteristic in early-stage DeFi platforms that helps with administrative control and quick updates.
Here’s a quick look at the findings:
- 0 Critical Issues
- 0 High-Level Issues
- 0 Medium-Level Issues
- 3 Low-Level Issues
- Some Very Low-Level Observations
The good news is that the development team promptly addressed or acknowledged all the issues that were found, showing their proactive approach to smart contract security.
Our Final Thoughts
With its unique model of open node participation and a strong audit report backing its infrastructure, Telegraph is building a secure foundation for future growth. The platform’s commitment to transparency and safety really helps build user trust in the ever-evolving DeFi space.
Audit Report in PDF: Telegraph Smart Contracts Security Audit Report
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