TL; DR
- Security audits of smart contracts must be done to avoid hacker attacks arising from code defects or security bugs.
- Triathon is naturally a blockchain hackathon. We undertake to safeguard Web 3.0. We also aspire to make a change in the world with codes.
- Triathon works to build a decentralized, community-driven, testing and auditing framework for blockchains and dApps.
DApps utilize smart contracts to exchange data with the blockchain. Similar to other software, code defects may result in security bugs. However, the major difference lies in their direct control over financial assets, where a small bug may give rise to great loss. One example is Axie Infinity’s recent $615 million Ronin Bridge heist, the №1 case on the rekt Leaderboard. However, this tragedy is not rare. Statistics show that the global blockchain community has suffered nearly $26 million loss in over 700 security scandals since 2012.
The crypto market harbors great potential as its market cap surges as high as 1.7 trillion USD (CMC). The high number of hacks, however, underlines immaturity. While we are embracing a promising future, security attacks remain tricky problems lying in front of all blockchain developers. The exit to that plight calls for smart contract security audits, to expose code defects and security bugs. This is where our original aspiration guides us, to develop a blockchain where developers and users don’t have to worry about bugs.
Wind Tunnel Test for Blockchain
Last August, Triathon was officially launched as a decentralized, community-driven blockchain and dApp testing and auditing platform. While seven major projects on NetX all have their special names, Triathon explains itself as the Hackathon of Trias. Getting its name from the traditional hackathon, Blockchain Hackathon works to provide resources for developers to build dApps where innovation happens, and bugs are detected through competitions.
Nowadays, third-party code review mainly focuses on white box testing, the theoretical analysis. But here at Triathon, users can enjoy dynamic black box testing where codes run in a transparent testing environment in which anyone can participate. Its wide and extensive audit not only supplements white box testing, but also highlights the pros of dynamic audits. Users may Play to Earn through games. In that way, active community engagement will generate more convincing results through a well-decentralized test.
Triathon undertakes to test performance, function, credibility, and security for public chains, dApps, smart contracts, side chains, and Web 3.0 projects. Even investors with non-technical background can get major clues for their decision-making through testing, that is what we call Test-driven Investing. Besides that, Triathon also provides launching services for projects with untapped potentials, through what we call Test-driven Launching. As we all know, aircrafts must pass wind tunnel tests before leaving factories. The tests simulate airflow around aircraft to get it prepared for a real flight. That also applies to incubating blockchain projects. Only when the project has passed certain community-defined testing, can it move to the fund-raising stage. Users can find a wide range of services they need for testnets, such as fundraising, real-time security monitoring, performance improvement, technological innovation, and ecosystem expansion. Projects with improved and upgraded performance earn a better chance to gain recognition and trust from investors and the global community. Those with a well-promised future may even enter the Initial Testnet Offerings (ITO) financing stage.
Come and Sign up for a Blockchain Hackathon
As a community-driven, decentralized testing and auditing platform, Triathon will surely attract many developers. On the one hand, developers (including traditional hackers, security testers, and blockchain developers) can sell test cases they develop to users. On the other, B-end users or institutions can get high-quality testing resources. Triathon seeks to provide low-cost solutions, saving users all the trouble to create a test environment for potential bugs.
Even for the most professional teams, there are places where their minds cannot reach. With all these outstanding developers on board, Triathon represents both strong professionalism and innovative thinking. In this way, we endeavor to carry out independent third-party testing for external projects and help them achieve beyond their limitations.
Triathon works not only for development teams and corporate users, but also conducts testing and auditing for individual users (i.e., investors, players, dApp users, and all those who use blockchain technology). Play to Earn allows users to play games and win rewards at the battleground at the same time. Triathon aspires to reach beyond blockchain programming and realize thorough decentralization with people from various cultures and with extensive interests on board. It is a wonderland where people can test, play games, and win rewards.
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Here’s the Coda
Hackathon is in fact a product of decentralization. Sharon Zukin and Max Papadantonakis, sociologists at the City University of New York point out in a research that hackathon was given birth by the 2008 Financial Crisis. Back then, many hackers could not make their ends meet with only what was offered by a full-time job. Meanwhile, innovation was highly expected as the mobile application market saw a great boom, and emotions were running high as the film Social Network hit the screen. Hackers rushed to join contests, hoping to make the world a better place through hackathons. The research states, Work is Play, Exhaustion is Effervescent, and Precarity is Opportunity. This thought largely coincided with what Web 3.0 dreamers are striving for. Their ambition to change the world with codes has never changed. While blockchain is just another opportunity for them, Triathon resolves to provide effective code reviews for this decentralized world.
