TRON is a blockchain-based decentralized platform that aims to fabricate a free, global digital content system with distributed storage technology, allowing easy and cost-effective sharing of digital content. In simpler words, TRON is a blockchain-based operating system on which one can create decentralized applications and share media content.
Today we’re going to share the process followed for auditing TRON smart contracts.
What makes TRON different?
As a matter of fact, TRON already claimed the title of the key distributed platform of the future at the stage of creating a Whitepaper. With ambitiousness as high as that, comparisons with other blockchain platforms became almost inevitable.
Let’s see some of the features that make TRON stand out amongst the crowd.
- One of the main perks TRON has over Ethereum and other blockchain platforms is if, let’s say; the Ethereum network can support 20 to 25 transactions per second, TRON has this figure two orders of magnitude higher. To be precise, the transaction speed of TRON is 25,000 TPS.
- TRON network fees are minimal, and on top of that, its developers are constantly functioning to reduce them. TRON also allows each user to conduct about 15 transactions for free.
- In terms of scalability, TRON is reaching heights untouched by any other platform. The platform can support large decentralized projects, comparable in scale to Facebook, or Youtube.
- It even allows users to create dApps on the network and by doing so receive digital assets in return. The rewards can either be in normal TRX tokens or in a token created by the user that is underpinned by TRX.
These features were only a few among the many that TRON offers. With many opportunities, you can build your applications in the shortest possible time.
Auditing process of a TRON smart contract
The network has been able to brag a secure reputation in the crypto world. TRON smart contracts are written in a high-level language; however, without a proper smart contract audit, the protocol’s advantages are useless.
We have curated a set of steps that can be easily followed while performing the audit.
The methodology followed while auditing a TRON smart contract is quite simple and hassle-free. In the end, you are provided with a detailed report along with details of the audit and steps to cover up the vulnerabilities if found in your smart contract.
Additional Resource: List of Top 10 Smart Contract Vulnerabilities
Automated auditing tools for TRON smart contracts
Some of the most commonly used tools for vulnerability detection in TRON smart contracts are listed below.
Check out our blog for more about automated smart contract auditing tools.
With TRON 4.0, a new excitement among blockchain developers and TRON users is triggered. There is no denying the fact that the network looks promising for blockchain technology.
If one might be interested in the potential of the TRON network and the future of online media, it is a truly intriguing investment. However, it should be kept in mind that as it is a cryptocurrency, the price of TRX is subject to fluctuations. Do adequate research before investing; never invest more than you are prepared to lose.
We understand that inefficiencies and security flaws in deployed smart contracts can be costly. Our team makes sure to identify threats at every step to offer a higher level of security.
We at ImmuneBytes offer audit services for TRON smart contracts.