Datamine Network Funds Hacken L2 Smart Contract Audit
💡 AI Article Summary
The Datamine Network community has successfully raised $15,125 USD to fund a comprehensive security audit of its Layer 2 (L2) smart contracts. This audit will be conducted by Hacken, a leading blockchain security firm, to ensure the robustness and safety of the ecosystem's L2 functionality and liquidity.
Strengthening Layer 2 Security
Following the previous $120,000 community-funded audit by Slow Mist for the Layer 1 smart contracts, this new initiative focuses directly on the Arbitrum-based L2 ecosystem. The audit covers key L2 components, including ArbiFLUX and LOCK tokens, verifying that the smart contracts and their permanent liquidity pools are highly secure and operate exactly as intended.
Fully Community-Funded Decentralization
Because the Datamine Network is a fully decentralized system with no centralized company, venture capital backing, or admin keys, security efforts are entirely community-driven. This milestone highlights the commitment of Datamine users to maintaining an ownerless, robust DeFi network. Audit results will be publicly released immediately upon completion, ensuring absolute transparency for all market participants.
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Thank you to everyone for helping reach our goal of $15,125 USD to fund the Hacken audit of our L2 smart contracts. This is a critical step to provide confidence that all smart contract functionality & liquidity is robust and safu. Audit results will be released once the audits are completed!
Frequently Asked Questions
What is the purpose of the Hacken audit?
The Hacken audit is designed to review and verify the security, functionality, and liquidity of Datamine Network's Layer 2 (L2) smart contracts on Arbitrum, ensuring they are robust and secure.
How much was raised for the Hacken L2 audit?
The Datamine community successfully raised $15,125 USD to fully fund the security audit.
Who is conducting this smart contract audit?
The Layer 2 smart contract audit is being conducted by Hacken, a professional blockchain security auditing firm.
How does Datamine fund its security audits without venture capital?
Since Datamine is a fully decentralized network with no centralized company or admin keys, all audits are funded directly by community contributions.
· neurodam · #community-announcements