Blockchain
Blockchain Platform FLETA and Security Auditor CertiK Forming a Strategic Partnership
A blockchain platform FLETA announced a partnership with CertiK, a leading blockchain security auditor. The partnership agreement started to be discussed since April 2019 when FLETA’s smart contract audit was verified with a high score of 99 out of 100. Not only do both companies expect FLETA’s blockchain infrastructure to be reinforced, but they also plan to offer effective security service to blockchain projects in FLETA’s ecosystem.
CertiK is a blockchain and smart contract audit platform, led by prestigious experts and computer engineers including Dr. Zhong Shao, a professor of computer science at Yale and Dr. Ronghui Gu, an assistant professor of computer science at Columbia University. It offers a service that can effectively strengthen blockchain’s security and credibility through mathematical proofs. It has audited more than 175 projects and cooperated with many top companies of the industry such as Ethereum Foundation, IBM, and Universal Protocol and well-known exchanges like Binance, and OKEx. Recently, on June 1st, the company announced that it was selected as an EOS Block Producer.
FLETA is a blockchain platform that offers a fast and stable service with reasonable fees to both developers and users so that it can create a user-friendly ecosystem. It aims to solve problems that existing platforms have such as slow speeds, scalability limitation, and excessive fees. By doing so, FLETA is aiming to drive the commercialization of the blockchain with its own core technologies. FLETA has developed outstanding blockchain technologies like Independent multi-chain Structure, Block Redesign, and PoF (Proof-of-Formulation) which is its own consensus algorithm.
Paul Park, CEO of FLETA, said, “FLETA’s advanced blockchain technology and its stability were verified by CertiK, one of the world’s best blockchain security company.” He also added, “As a blockchain platform, security is something that we never compromise. This FLETA-CertiK partnership will allow both DApp developers and users to use the blockchain platform with high-quality security.”
Meanwhile, FLETA plans to launch its mainnet in August after it successfully launched its testnet in last March. Through the testnet launch in March, FLETA demonstrated its performances by achieving 10,000 average TPS and 15,000 peak TPS with 6 core CPU.
SOURCE FLETA
Blockchain
Mainframe Market Valuation is Skyrocketing to Reach US$ 7,241.13 Million by 2033 | Astute Analytica
Blockchain
Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto
Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto
Blockchain
LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape
-
Blockchain6 days ago
Bridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain4 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain Press Releases7 days ago
HTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
-
Blockchain6 days ago
Building Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain Press Releases3 days ago
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
-
Blockchain Press Releases5 days ago
Dubai Police Team Triumphs at KuCoin Sponsored 2024 Dubai Open Gov Padel Cup
-
Blockchain5 days ago
Bureau raises $30M Series B as global fraud losses hit $486B