Press Release
SolidProof Officially Verifies their Social Channels While Continuing to Protect the Crypto Space with Smart Contract Audit and KYC
Solidproof, one of the crypto industry’s top auditors, has recently verified its social channels, including Twitter, YouTube, and Telegram. It is an important step in the German company’s development and its mission to provide complete transparency.
Meanwhile, Solidproof continues to audit the smart contracts of new projects and perform KYC verifications on their development teams. The company provides constant updates on all its audits on the official website. This way, it ensures crypto users have an accurate image of the projects they follow and their bids to run on impeccable smart contracts.
Verified Social Channels
Solidproof launched in 2021 and quickly developed into one of the most active auditors in the crypto industry. Its consistently good results, effective auditing, and KYC tools convinced many projects to apply for their services. Meanwhile, the company grew substantially, amassing an extensive portfolio of clients from every corner of the crypto market, including DeFi.
Obtaining the “blue badge” on social media channels was always one of Solidproof’s objectives. After all, only reputable and easily identifiable brands get that level of recognition on social networks. From now on, the German company can proudly boast its verification badge on Twitter, YouTube, and Telegram.
Solidproof uses social media to communicate with its users, supporters, and potential clients. Moreover, the company provides nearly hourly updates on its progress in different auditing cases. Anyone can interact with the firm on social media for queries, quotes, and updates.
Continuous Protection for the Crypto Space
The crypto market has been the scene of numerous scams and failed projects over the years. In some cases, malicious developers stole millions of dollars from investors through fraudulent schemes, including rug-pulls and pump-and-dump scams. As a result, the crypto space earned the bad reputation of being a risky enterprise for new investors or developers.
This wild-wild-west image of the crypto market required a winning solution, and Solidproof stepped up to deliver it. The company relies on a team of expert auditors and crypto professionals with several years of experience in both industries. Together, they provide advanced auditing and KYC solutions to secure the cryptosphere.
Solidproof helps new projects identify bugs in their smart contracts. The company performs an in-depth verification of the source code before notifying the project’s developers about potential bugs. Once the latter solves the issues, Solidproof verifies the contract and repeats the process until the source code is bug-free.
Additionally, the company performs in-depth KYC (Know Your Customer) verifications on the project developers. This procedure is similar to obtaining the blue verification badge on social media. However, in this case, Solidproof verifies the team’s identity, background, and wealth source. This way, it drastically reduces the risk of malicious actors entering the market and scamming people by using false credentials.
About Solidproof
Solidproof is a German company that audits smart contracts and discovers vulnerabilities in new crypto projects. The company has a growing ecosystem of over 500 projects it has audited and verified so far. Anyone can use its “live tracker” feature to learn more about these projects and their development.
Solidproof helps increase transparency and safety in the crypto space by providing trustworthy smart contract audits and KYC verifications. The company aims to help as many new projects as possible to launch bug-free and build brand reliability.
For more information about Solidproof, please follow the links below:
The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.
In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.
What is a Bitcoin Lottery?
Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.
Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.
What Makes Bitcoin Lottery Games Stand Out?
Here are the features that make Bitcoin lottery games a top choice for players.
- Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
- Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
- Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.
Regular Lotteries vs. Bitcoin Lotteries: A Comparison
1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.
2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.
3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.
4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.
Why should one try a Bitcoin Lottery?
Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:
• Safe and open: You can verify every single draw and transaction.
• There are no geographical restrictions; play wherever on the planet.
• Cut expenses by means of lower transaction fees.
• Instant Payouts: Get your winnings easily and quickly.
Bottom Line
With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.
These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.
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