HVN auditing & distribution report!

Dejan Jovanovic
Hiveterminal
Published in
1 min readSep 1, 2017

Distribution report — resumption imminent!

While the first HVN tokens were being distributed yesterday, we unfortunately encountered some difficulties with the HVN token distribution process. The highly condensed ETH network had caused a bug to emerge. Upon its discovery, we immediately stopped distribution and began working on finding solutions. Unfortunately, bugs and glitches do happen, sometimes at the most inconvenient of times, but rest assured that all the distributed tokens are here to stay!

Our tech-team has been working around the clock to resolve these issues and ensure that the HVN token distribution process is re-started before 12 noon UTC tomorrow.

Once the distribution process has completed, trading will commence as soon as possible thereafter!

Auditing report — The contract is intact!

We recently engaged two independent and highly respected auditors to audit our ERC20 token implementation process: CoInspect (www.coinspect.com) and Netis (netis.si).

CoInspect provided a white box security audit and the first round of the audit was completed on 23 August 2017.

The results of the audit revealed:

  • 0 high-risk issues
  • 0 medium-risk issues
  • 2 low-risk issues.

Both minor issues were corrected and resubmitted to the auditor. We are now waiting for CoInspect’s official audit report, which we will share with our community.

The Netis audit recorded similarly satisfying results, with only minor tweaks to the code required to satisfy all the criteria set.

Full details about the Hive Project Token implementation can be found at our GitHub repository: (https://github.com/HiveProjectLtd)

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Dejan Jovanovic
Hiveterminal

Seasoned executive, business and technology leader, entrepreneur, blockchain and smart contract expert