HOGT.COM Smart Contract Makes You Smarter with Money
Internet has completely revolutionized the way people process information and interact with each other, smart contracts have fundamentally changed the way individuals and organizations reach agreements and fulfill them. There is a lot of debate about the merits of smart contracts, but “security” is the one that everyone agrees on.
Imagine how heartache it would be if the coins in our hands were suddenly created hundreds of times out of nothing by hackers, and then smashed regardless of the cost, making the price of the coins dropped back to 0, and all the efforts of the project team and myself went down the drain.
Due to the seriousness that’s being said above, HOGT.COM realize the importance to the audit security of smart contracts, and has spent 5 million dollars to set up a special security foundation. It has invited several well-known security organizations, including Chengdu Lian Security, Lingzhi Security, and maintenance reduction security, to escort the assets of users. Next, I will give you a detailed introduction about smart contract knowledge, take you to understand the security password behind HOGT.COM smart contract.
What’s Smart Contract ?
Smart contracts are similar to traditional paper contracts, but written in computer language. Executed by computer, the contract can be triggered and executed reliably without the trust of a third party.
Currently, smart contracts are mainly implemented based on blockchain technology, because blockchain can provide a decentralized trusted environment, and smart contracts naturally fit with blockchain. This is not to say that smart contracts can be implemented only through blockchain.
What Does Smart Contract Do?
As a new ecological project based on blockchain technology, HOGT.COM realize the importance to the security of smart contracts from the very beginning. Thus, the technical team not only pays attention to the writing and self-checking of smart contracts before the launch, but also carries out third-party audit work on the smart contracts.
In May 2021, the Hogt.com technical team commissioned several well-known security organizations, including Chengdu Chain Security, Lingzhi Security and Maintenance Security, which are the industry’s leading companies and focus on the ecological security of blockchain, to conduct security audits on their smart contracts. During the one-week audit period, the audit institution conducted a comprehensive inspection of the HOGT.COM token contract, put forward improvement suggestions on the token issuance, strategic investment, pledge mining and other aspects of the contract, and carried out a second review of the improved contract.
The final results show that no critical or high-risk vulnerabilities were found in the HOGT.COM code, all low-risk vulnerabilities and suggestion points found in the audit process have been repaired after communication with the audit institution, all known security risks have been eliminated after the repair, and the contract code of Hogt.com has successfully passed the test and completed the security audit.
Notably, HOGT-DEX Eco was audited by the U.S. Certik code on June 9. Certik has conducted more than 700 audits, audited more than 396, 000 lines of code and protected more than $30 billion in assets from loss.
HOGT.COM successfully passed the Certik contract code security audit, which further proves the security of HOGT.COM smart contract and the strong technical strength of our team. In the future, HOGT.COM will use technology to drive the development of the platform, at the same time, strictly guard the security line, promote HOGT on the chain safe circulation.