Quantstamp cryptocurrency (QSP)
Quantstamp is a very complex project created by a team of professionals in mid-2017 as a security audit protocol based on the Ethereum platform. Its main task is to find vulnerabilities in smart contracts and, as a result, improve the security of Ethereum.
Official website - quantstamp.com
Description, goals and advantages of the project
Today, the cost of auditing “smart contracts” starts from $5 000 and takes at least a week. This is very long and expensive. That is why the developers of Quantstamp (QSP) have set themselves the task of reducing the price of this procedure to $10 and reducing the time it takes to complete it to a few minutes after submitting a smart contract for audit. The ultimate goal of the project is to develop a system for verifying smart contracts, which will be fully automated.
The Quantstamp protocol includes an updated automated software verification system, as well as a system for automatically paying rewards to users who calculate errors in smart contracts.
The main advantages of Quantstamp are:
- automation;
- reliability of use;
- solving complex network problems;
- ease of use;
- cost-effectiveness, etc.
The QSP cryptocurrency is recognized as the Quantstamp payment unit, used to pay for, receive and improve security audit services. The more the verification protocol is used, the greater its value will be.
Roadmap
The creators of the Quantstamp (QSP) project do not stop there. The Quantstamp team plans to develop:
- a protocol verification node;
- security libraries with code that perform checks;
- validation of smart contracts that handle governance , voting mechanism
and payment of rewards.
The team plans to complete the audit using analysis software v1 in February of this year, and launch network testing in April. The release of mainnet v1 is planned for August 2018, and the addition of a smart insurance contract for franchising contracts is planned for October.
A review of the Quantstamp cryptocurrency suggests that the potential of the project is enormous. It is this protocol that can help implement chain blocking, reduce the cost and speed up the procedure for accepting and using smart contracts.
Where to buy Quantstamp cryptocurrency
Today you can buy QSP cryptocurrency on such top exchanges as Binance and KuCoin. You can also store tokens here. However, a safer option is the MyEtherWallet wallet, where you can store Quantstamp cryptocurrency (QSP) for a long time.
Conclusion
The prospects for the Quantstamp cryptocurrency (QSP) are assessed by analysts as high. The project is perfect for long-term investment because its possibilities are wide. The creators of the platform have every chance of achieving success soon.
As of the beginning of February 2018, the cost of QSP was $0.3. Recently, there has been a tendency for the currency to decline, which in the near future may lead to a wave of growth.
