Community Update — February 22, 2018

BlockCAT
Feb 22 · 4 min read

Security & Trust

What can we learn from this? Well, clearly some of these issues are security related. Whether it is flawed code or poor business decision making, users have not always been protected. Security should be in the forefront when developing and managing Ethereum DApps. Business leaders and developers can only build solid infrastructure and trust with users if there are appropriate security measures in place. That may mean testing and re-testing products over and over until there are no flaws. Or, it may mean delaying the release of new applications.

Theoretically, transactions that occur on the blockchain should be secure as they are immutable. Ledgers that cannot be edited must provide users with trust. How do we measure, evaluate and rely on this when we have cases where millions of dollars are being compromised, stolen, or lost? Even in the ideal case, we expect people to adopt this “trustless” technology, but there still needs to be trust in the development of the products being used. Users have to trust that there are no bugs, flaws, or compromises in the software.


Cryptopia


At BlockCAT, we are committed to creating DApps for everyone. As you know, we’ve partnered with an number of real world businesses with little knowledge of blockchain technology. Together, we continue to discuss ways that this technology can serve these businesses and their missions.

According to Forbes, last year — fifty of the world’s leading companies invested in or began exploring blockchain technology. Even with trust and security concerns, it is promising that these real world businesses recognize that blockchain truly has something to offer.


Roadmap

We continue working on the design of the ERC token creator — we have expanded a bit of the feature set and user understanding to ensure a smooth user experience for the class of users we hope to reach. Our work with partners has expanded the interest in using fungible tokens to represent supply constrained items or uniquely identified inventory; our internal discussions with regard to partner needs continues to focus heavily on viable staking models as a unique angle for blockchain and specifically valuable token use in real world businesses.

BlockCAT

BlockCAT lets anyone create, manage, and deploy smart contracts on the Ethereum blockchain — no programming required.

BlockCAT

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BlockCAT

BlockCAT lets anyone create, manage, and deploy smart contracts on the Ethereum blockchain — no programming required. http://blockcat.io

BlockCAT

BlockCAT

BlockCAT lets anyone create, manage, and deploy smart contracts on the Ethereum blockchain — no programming required.