VeChain Thor will soon be available with the release of their blockchain, but that does not stop the brand from creating better security for their network. The testing is performed by third parties, which focus on alpha testing, checking and editing the code, and ensuring the security of the wallet. The company plans to put continual pressure on these security efforts without losing intensity until the Mainnet finally launches.
In a statement from VeChain, the team said:
“We at VeChain take security seriously, and have placed the highest priority upon it. We believe true security requires the collaboration with outside forces, and to that extent, we have begun working with multiple security firms during our Mainnet testing.”
VeChain (VEN) Security Testing Collaborations
The companies that VeChain is collaborating with include Secureware, Hosho, SlowMist, and HackenProof.
Secureware has a background in blockchain security and will help with the development of the network until its launch. This company offers workers that have proficient skills in blockchain industry, academic research, and efficiency.
Hosho is an entire enterprise for blockchain security, and they are known worldwide. Their services have been used by multiple Fortune 500 companies and startups, which shows their span of experience. The company appears to work mainly on blockchain security and smart contracts.
SlowMist is another first that centers on blockchain security, but it has a more experience in cyber security than anything else. They host experts that have come from several multi-corporations, which include Microsoft, Google, and the China Ministry of Public Security. They primarily work on security audits, defense systems against hacking, and stopping hackers from working through the background of the platform.
HackenProof is part of Hacken’s ecosystem, and it thrives on crowdsourcing and the discovery of vulnerability in their project. They center the idea of having a mutual platform for companies that will let security experts expose any bugs and loopholes in their systems.
VeChain Mainnet Security Testing to Continue
Even though each of these corporations has projects for themselves, their main focus right now is on testing out the security of the VeChainThor blockchain. Right now, they are tackling specific tasks on the system, like reviewing the source code and testing wallet security. The source code is being audited for node communication security by testing the algorithm. The wallet requires testing of security to protect the identity management system against unauthorized access and infiltration of sessions when users are logged on.
VeChain commented on these forms of testing, saying,
“We have utilized the HackenProof to invite over 100 developers to the private bug bounty program to conduct similar analyses. Many of our strategic partners and dApps projects are also very active in participating the alpha testing in an effort to secure the ability to run their applications on the VeChainThor Platform as quickly as possible after Mainnet launch.”
One the launch has commenced, the work on the security measures will not stop. VeChain intends to continue their work to promote better blockchain management. Since the system will be processes trillions of transactions, continued support with the active network will be the best way to see where the attention is needed.