We have partnered with trusted security experts Majoolr for current and future contract development and auditing. Each of Ethino’s contracts will be extensively tested in the Ethereum test net as well as thoroughly inspected by Majoolr. Our highest priority lies in the security of these contracts. Additionally, every major change to existing smart contracts will be audited in order to ensure no new bugs are reintroduced. Any time necessary to ensure our contracts are bug free will be taken by the Ethino team to ensure funds are safely secured.

Who is Majoolr ?

The Ethereum network is poised to become the single most revolutionary technology since the modern internet was introduced in the 1990’s. In 2017, the world has seen a surge of interest in distributed ledgers which began with the launch of the Bitcoin network in 2009. Ethereum’s ability to build on Bitcoin concepts with a Turing-complete computing machine inside of a blockchain network has opened up a myriad of opportunities.

The countless opportunities mixed with the surge in popularity have led to hundreds of millions of dollars in resources being directed at a variety of individual projects aiming to leverage Ethereum technology. This behaviour provides tangible proof of both interest and market potential for the system, however, each project within the network has been left to manually handle the most basic of processes, leaving overall gaps in security, usability, and consistent standards.

Recognizing this opportunity, Majoolr aims to build systems that close these security gaps and help facilitate mainstream adoption.

Problem Overview

The majority of smart contracts are deployed in a custom, fragmented fashion. For even basic functionality such as math operations, token contracts, or array iterations, every development team must either, write their own source code, copy/paste code from a variety of sources, or store code files from open repositories and deploy them. This manual handling and code deployment leaves unnecessary security gaps at the very beginning of every Ethereum development project and the problem is non-trivial.

The Ethereum ecosystem is now responsible for holding and transferring assets worth billions of dollars. Majoolr aims to solve this problem starting with open source.

Mission Statement

“Our mission is to build secure, dependable, user-centric systems for Ethereum blockchains.”

Majoolr will be at the center of global distributed ledger adoption as we bring security, standards, and confidence to the many layers that make up the blockchain experience. Our system designs enforce methodologies such as modular, reusable, open source code packages, pre-deployed on the network, as well as robust unit and integration testing, clear documentation, and fluid communication amongst developers and between developers and clients. Majoolr open source code libraries are the starting point as we form the foundation for any development team to build on. Our libraries provide these teams the confidence that any base computing functionality will perform as expected and without glaring security gaps.

Use Case

Majoolr currently has 12 deployed libraries handling four areas of logic:

• Math Operations

• Array handling

• Standard Tokens

• Multisig Wallets

These libraries are deployed on all three major Ethereum networks including Rinkeby, Ropsten, and Mainnet. The open source repository located at https://www.github.com/Majoolr also contains all documentation to incorporate our libraries throughout the entire development workflow for any distributed application from compilation to testing to deployment. These code bases have been thoroughly tested and incorporated in live smart contracts and the higher level libraries, such as those used for tokens and wallets, also leverage the lower level library deployments.

More importantly, since we have focused on deployed library contracts, development teams using them do not have to touch this code base, they merely link to the code already live on the chosen network. This layering of tested, documented, and deployed immutable source code offers an unmatched level of security for contracts that use them. Development teams are left to focus on the security of their custom code built on top these libraries.

The Majoolr team will continue to expand its efforts with improving security on all Ethereum networks. This expansion will include additional open source library code to handle a variety of common logic operations, standardized contracts, and user systems that leverage tested code bases. Our hope is to provide a substantial contribution to the future global economy in distributed systems.