Code4rena operates as a competitive audit platform where security researchers, called "wardens," compete to find vulnerabilities in smart contracts. Projects submit their code for review, and wardens have a set period to identify and report potential security issues. The platform then rewards wardens based on the severity and uniqueness of their findings, incentivizing thorough security audits.
Is Code4rena a secure platform?
Code4rena enhances security by leveraging a large community of over 10,000 registered wardens to scrutinize smart contracts. The platform has helped identify 1,365 unique high-severity vulnerabilities across 418 completed audits, demonstrating its effectiveness in uncovering potential risks. Additionally, Code4rena's transparent and competitive model encourages continuous improvement in security practices within the Web3 space.
How to use Code4rena?
To use Code4rena, projects can submit their smart contracts for either a consultative Zenith audit or a competitive audit. Once an audit is initiated, wardens have a specified timeframe to review the code and submit their findings. After the audit period, the project receives a comprehensive report detailing discovered vulnerabilities and recommended fixes, while paying Code4rena a negotiated fee for their audit.
What services does Code4rena offer?
Code4rena offers two primary services: Zenith audits and competitive audits. Zenith audits provide deep analysis from top security researchers in a consultative format. Competitive audits involve a large number of wardens competing to find vulnerabilities, simulating real-world conditions and offering substantial rewards for high-severity bug discoveries.
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