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Quantstamp (QSP) is the 630th largest cryptocurrency in the world by market cap, valued at $15,222,737. The current price of Quantstamp is $0.01559, which is -3.408% lower than yesterday. Prices have ranged between $0.01628915 and $0.01492731 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 11:02 UTC.
Quantstamp is a smart contract security-auditing protocol designed to find vulnerabilities in Ethereum smart contracts. It extends Ethereum technology to find bugs and security vulnerabilities before a contract is published to the blockchain.
Quantstamp was founded in June 2017 by Richard Ma and Steven Stewart and aims to solve the problem of smart contract security. While smart contracts offer huge potential for the widespread use of blockchain technology, they’re not always secure. Bugs within smart contracts present an entry point for hackers and exploiters to attack networks.
Auditing smart contracts is an expensive and lengthy process that currently takes at least a week, so Quantstamp is attempting to create a protocol that can quickly and cost-effectively secure all smart contracts. Quantstamp’s auditing network extends the Ethereum blockchain and can automatically verify smart contracts using the QSP security protocol.
Quantstamp tokens are used to pay for, receive or improve verification services through the protocol.
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