Over the past month a lot has happened. We’ve made progress on the decentralized QSP protocol, made new hires, completed several major audits, and have several more lined up. We’re also continuing our practice of participating in and giving back to the community by speaking at and supporting events around the world.

Here’s a rundown of some of the things that have been going on:

Quantstamp Protocol Development

Quantstamp’s core mission is to make smart contracts more secure. Central to that is our development of a decentralized protocol that will trustlessly audit smart contracts.

We built out and demonstrated the first working version of our proof-of-concept during Y-combinator demo day. You can see our testnet protocol in action here, and submit smart contracts to be audited here.

Now that we have completed the Y-Combinator demo in April, we are working on the next iteration of our protocol which is targeted for completion in late August. For our next iteration, we aim to develop a permissioned network of whitelisted auditing nodes. Although this iteration is permissioned, it will help us troubleshoot issues within the protocol before we move on to our next phase. This iteration will bring us closer to our goal of a scalable, decentralized and automated auditing solution.

Here are some of the latest updates on our progress during this code sprint:

We are working on integrating another analyzer, Mythril, into our auditing nodes. This will expand their auditing capabilities.

We are making it easier for Quantstamp node operators to plug in new analyzer tools.

Our engineers are developing a monitoring tool that will help track the health and status of auditing nodes to improve the quality of service of the network. In addition to auditing nodes, the monitoring tool can also track smart contracts’ events and states.

We’ve improved the design of our Quantstamp smart contract and covered more of the requirements set in the whitepaper. This smart contract is the interface through which audits are requested on the Quantstamp protocol.

New Hires

Martin Derka - Senior Software Engineer/Applied Researcher

Martin Derka has joined the team as a Senior Software Engineer/Applied Researcher.

Martin received his PhD from the University of Waterloo in Algorithms and Complexity. He also holds 3 Masters (Computer Science, Applied Computer Science, and Information Systems). He was a post-doctoral research fellow at Carleton University, and has previously served in technical leadership roles. Check out his LinkedIn profile here.

Audits

We’ve recently completed a full-service audit of Quarkchain — a high throughput blockchain project. We have completed some other full-service audits recently as well, which will be announced soon.

We are also about to start auditing and advising projects in the Wanchain 2.0 ecosystem. We’re happy to be working with some of the highest quality projects out there — ones that are really making a difference in the space.

Community Outreach & Events

Our Community Manager Jared Harrill (@JaredHarrill) at Inventure 2018

As part of our mission to support the blockchain and smart contract ecosystem, we regularly engage in community events to talk about security and building robust Ethereum dapps.

On Monday, our senior engineer Kacper spoke about computer-aided reasoning for smart contracts at the CPC Crypto Developers Conference, an event organized by the Stanford Distributed Trust Initiative. Last week, our community manager Jared presented on the blockchain panel at Inventure 2018, a major technology conference held in Calgary.