EVERY Passes Smart Contract Audit by Hosho

EVERY
EVERY The Blockchain Powered Retail Revolution
2 min readAug 23, 2018

On August 20, 2018, Hosho Group, a Global Leader in Blockchain Security, completed EVERY’s token sale smart contract audit and assigned us a passing grade.

Additionally, 100% of our smart contract code base was testable compared to the industry average 95%, ensuring there are no issues with the logic or implementation of the contract at this time.

What does Hosho look for?

Hosho’s audit ensures the following about the smart contract:

  • Implements and adheres to existing ERC-20 Token standards appropriately and effectively
  • Has documentation and code comments that match logic and behavior
  • Distributes tokens in a manner that matches calculations
  • Follows best practices in efficient use of gas, without unnecessary waste
  • Uses methods safe from reentrance attacks
  • Is not affected by the latest vulnerabilities

How does Hosho perform the audit?

The Hosho team follows best practices and industry-standard techniques to verify the implementation of our contract. To do so, the code is reviewed line-by-line by their team of expert pentesters and smart contract developers, documenting any issues.

Part of this work includes writing a unit test suite using the Meadow testing framework. Their strategies consist largely of manual collaboration between multiple team members at each stage of the review:

  • Due diligence in assessing the overall code quality of the codebase.
  • Cross-comparison with other, similar smart contracts by industry leaders.
  • Testing contract logic against common and uncommon attack vectors.
  • Thorough, manual review of the codebase, line-by-line.
  • Deploying the smart contract to testnet and production networks using multiple client implementations to run live tests.

You can learn more about Hosho on their website: https://hosho.io

Interested in our token sale? Accredited investors can participate today, while everyone else can sign up to stay up to date with the project.

-Originally Published on the EVERY BLOG

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EVERY
EVERY The Blockchain Powered Retail Revolution

Transforming the retail ecosystem with the EVERY Protocol, a retail blockchain built on top of Ethereum. | www.overview.every.shop