Waqas Muhammad’s Post

Public Audit Contests Sometimes during the course of understanding a codebase 👨💻 , while reviewing the test suite and going through each test 🧪 one by one, attack 🚀 plans just pop up into the mind 🧠 . It actually happened to me last night 🌙, so I thought it would be better to share with you guys, so that you may accommodate this tactic in your audit methodology. 😊 #blockchain #ethereum #evm #solidity #smartcontracts #web3security #web3community #web3education #web3technology

ORIGYN Foundation is taking a significant leap forward by upgrading to the Service Nervous System (SNS) DAO on the Internet Computer Protocol (ICP) #blockchain. This transition is not merely a technological upgrade but a commitment to pioneering decentralized governance in Real-World-Assets (RWA) certification. The SNS #DAO system allows for a fully #decentralized and democratic process, akin to a company’s board but operated by the community. This marks a new chapter in ORIGYN’s history, promising enhanced engagement, security, and transparency.

🌈 What is Liquid Restaking? The primary advantage of #restaking is the reuse of $ETH in the #Ethereum mainnet. This can be done either in #liquidity staking #pools or wrapped #tokens on platforms that employ the Eigenlayer protocol. Through the services of #liquid restaking, EigenLayer transforms from a unique protocol into a whole #ecosystem, capable of constructing a conceptually new model for #blockchain application security. Key advantages of this approach include: 💥 Increased profitability from held $ETH. 💥 New ways to participate in #DeFi protocols. 💥 Incentives and rewards from all links in the liquid restaking #chain. One key driver of the growing interest in restaking is not only the increased staking percentage of $ETH but also the expectation of rewards from EigenLayer itself and #DeFi protocols such as Renzo, KelpDAO, EtherFi, Puffer.fi, Eigenpie, etc.

The only thing that annoys me as a full-time web3 smart contracts auditor and security researcher, is the delayed results of public audit contests. However, most of the times the delays are rationale and legit but eventually it hurts my cashflows 😭 #blockchain #ethereum #evm #solidity #smartcontracts #web3security #web3community #web3education #web3technology

As I am getting more and more experienced as a Smart Contract Auditor, I noticed that I am relying more and more on fuzz and invariant testing. I don't know if this is good or bad. Because most of the times you need to think humanly and logically not randomly. However, a lot times bombarding a protocol's functionality with random inputs can give fruitful results. Let's start GRINDING friends!!!! #blockchain #ethereum #evm #solidity #smartcontracts #web3security #web3community #web3education #web3technology 

Ever heard of Layer 2 scaling solutions? They're all the rage in crypto right now, and for good reason! ➡️ Swipe through to learn the different types and how they work! (Rollups, Sidechains, Plasma Chains, & State Channels) There are some security challenges to consider, too. ️ ➡️ We'll break those down for you and explain why strong audits are crucial. Stay ahead of the curve in web3 with QuillAudits! ➡️ We offer comprehensive audits to keep your L2 projects safe. Connect with QuillAudits for an in-depth audit! (link in comments) #blockchain #layer2 #web3security

Currently trying to wrap my brain around liquid restaking with the Mellow protocol audit on Sherlock. With 2000 nSLOC, this is the largest codebase I've ever taken on. Plus, it integrates a lot of other protocols and services - including Chainlink, Lido, Symbiotic bonds, and Uniswap. #blockchain #audit #security #web3 #sherlock #mellowlrt #liquidrestaking

BACI Event with Hats Protocol – Recording Now Available! 🎥 Thank you once again to everyone who joined us at The Vault earlier this month for our insightful event featuring Nick Naraghi, CEO of Hats Protocol. It was an evening filled with valuable discussions on decentralized governance, DAO security, and the future of on-chain and off-chain integration. For those who couldn't attend or want to revisit the conversation, the full recording is now available! Watch as Nick shares how Hats Protocol empowers DAOs to enhance governance, streamline operations, and ensure compliance, making it an essential tool for today's digital asset ecosystem. We hope you find this recording as insightful as we did and look forward to more events with such impactful discussions. #BACI #HatsProtocol #DAOs #Governance #DigitalAssets #Blockchain #EventRecording #ThankYou

🔐 What Are Seed Phrases and Why They Matter in Web3 🔐   When setting up a Web3 wallet, understanding seed phrases is crucial! 🌐💡 A seed phrase, also known as a recovery phrase, is a sequence of words generated by your wallet that acts as the key to access and recover your digital assets.   Why is it important? 1. Access: Without your seed phrase, you won't be able to access your wallet if you lose your wallet or hardware device. 2. Security: It's the only way to recover your assets if your wallet is compromised or you forget your password. 3. Autonomy & Control: It ensures that you are the sole owner of your digital assets, free from centralized control.   To learn more, check out our detailed blog on the importance of seed phrases and tips on keeping your digital assets safe! 👇 https://lnkd.in/gcAuqCiX    #Web3 #Crypto #Seedphrase #Digitalassets #Blockchain #web3security #web3wallets #DeFi #dApps

Before immersing yourself in an Audit Contest, it's crucial not to lean solely on Source Lines of Code (SLOC). Take the time to thoroughly review the contest page, ensuring a comprehensive grasp of the requirements and expectations. Often, addressing a SLOC count of less than 500 necessitates delving into a sizable codebase exceeding 3000 SLOC. This scenario commonly arises when dealing with partial updates to established protocols or similar situations. #blockchain #ethereum #evm #solidity #smartcontracts #web3security #web3community #web3education #web3technology