Self Chain Security Audit - Enhanced Migration Module
Of all the values that people appreciate in blockchain, security tops the list. At Self Chain, we prioritize the security of our platform and its users.
The Importance of Blockchain Security Audits
Of all the values that people appreciate in blockchain, security tops the list. At Self Chain, we prioritize the security of our platform and its users. Before launching our mainnet, we understood that a thorough security audit was essential to ensure the safety and reliability of our infrastructure. This commitment to security led us to partner with Beosin, a leading blockchain security firm, to conduct an extensive audit of our system.
Self Chain is safe to use, and you can trust the migration module to securely migrate your FRONT to SLF with confidence.
We are pleased to introduce the audit report conducted by Beosin, which helped us address potential issues and ensure a smooth and secure mainnet launch.
Highlights from the Audit Report
You can find the Self Chain Audit Report here:
Overview of Findings
The audit report for Self Chain by Beosin highlights 12 key findings, varying in severity from Medium to Info. Out of these, two findings—Excessive broadcast failures and The target address in the DeadWallet contract not verified—are acknowledged. Here's a summary of the findings and comments on the audit report's overall implications:
- Severity Levels: The majority of findings are Medium-level risks, which include issues with data validation, concurrency, contract checks, and vesting operations. Other low-severity findings mainly involve code quality, parameter checks, and redundant code.
- Risk Descriptions: The findings address several potential vulnerabilities. Notable ones include excessive broadcast failures, which could lead to user funds being locked, and the lack of verification for the DeadWallet contract's target address, which can cause unintended transactions.
- Status: Out of the 12 findings, 10 are marked as "Fixed," indicating a comprehensive effort to address the audit's concerns. However, two findings remain "Acknowledged," signaling ongoing work to resolve these issues. We are well aware of these issues and will continue to monitor them, taking further steps toward their resolution.
Comments on the Audit Report
The Self Chain audit report reveals a proactive approach to security, with 10 out of 12 findings fixed, showing significant progress in addressing vulnerabilities. Furthermore, the report highlights two acknowledged risks requiring further attention. We are well aware of these risks—excessive broadcast failures and unverified target addresses in the DeadWallet contract—and are actively monitoring them, with plans to address them comprehensively.
The audit underscores the importance of ongoing monitoring and regular follow-up audits. This continuous scrutiny is key to addressing any emerging risks and sustaining a secure platform. Despite the outstanding risks, the report suggests a positive security posture, demonstrating Self Chain's commitment to stability and ongoing security efforts.
Introducing Beosin, Our Audit Partner
Beosin is a leading name in blockchain security and smart contract auditing. They have reviewed over 3,000 smart contract projects, including popular platforms like PancakeSwap and Ankr, identifying more than 85,000 code vulnerabilities. Their thorough approach and detailed analysis have allowed us to pinpoint and correct critical areas of concern. With their support, we've strengthened our security measures and are better equipped to deliver a reliable platform for our users.
Ongoing Security
With the audit completed and the mainnet launched, we are pleased to report that Self Chain is running smoothly. The security audit played a crucial role in identifying and addressing potential issues, ensuring a robust and secure launch. We have addressed the findings and will continue to keep a close eye on all identified risks, actively monitoring and taking further steps as needed.
Thank you for being part of the Self Chain community. We look forward to continuing this exciting journey with you, maintaining the highest security standards, and delivering a reliable platform for our users.
Happy migrating and here’s to a bright future with Self Chain!
About Self Chain
Self Chain is the first Modular Intent-Centric Access Layer1 blockchain and keyless wallet infrastructure service using MPC-TSS/AA for multi-chain Web3 access. The innovative system simplifies the user experience with its intent-focused approach, using LLM to interpret user intent and discover the most efficient paths.
Self Chain ensures that onboarding and recovery are effortless with keyless wallets that grant users complete self-custody over their assets. In addition, it provides automated rewards to dApps when they efficiently resolve user intent, further enhancing the user experience. Moreover, Self Chain incorporates Account Abstraction with MPC-TSS to provide secure signing and reduce transaction fees. It's a platform that redefines blockchain interaction, making it more secure and user-friendly for everyone.
In a world where blockchain technology is becoming increasingly essential, the user experience remains a critical factor in its adoption. Intents and Keyless Wallets are set to transform the landscape, making blockchain interactions more accessible, efficient, and secure. As we move forward, the blockchain industry has the opportunity to provide users with a seamless and enjoyable experience, unlocking the full potential of this groundbreaking technology.