Post
Topic
Board Announcements (Altcoins)
Re: ANN {PoWH3D}🚀 PROOF OF WEAK HANDS 🚀 2,098 ETH INVESTED SO FAR 🚀 NO ICO
by
PoWH3D
on 24/03/2018, 15:15:15 UTC
He's asking about what happens in the event that either the smart contract itself or your website are found to have exploitable vulnerabilities.

If the contract is vulnerable it's possible it could be drained by a hacker.

If the website is vulnerable it's possible it could be changed to redirect users to deposit to a different contract.

The fact that the contract cannot be changed is orthogonal to both of these concerns.

Had to Google orthogonal.   Cheesy

The contract is not vulnerable it is has been put through extensive robust penetration testing and it sits on the Etherium Blockchain so if that is hacked than many ERC20 contracts are in danger, it is not impossible but also not probable.

As far as the website being hacked, I can tell you that nearly every investor is visiting it several times a day and so are the devs, we would find out very quickly if the Website was hacked and if it was, we can pull the plug and there are redundancy plans for holders to access their funds as explained on page 1.    Further to that IF the website was hacked and someone was to invest, they could easily see our contract address and prior to sending on Metamask to ensure it is the correct contract.

You may or may not have noticed that the heading topic of this thread is updated several times a day to reflect the amount of ETH held in the contract so there is always a set of eyes on the website.   And we also have several of the creators and devs working non-stop (based in different parts of the World) on the actual website itself as the front page and interface is still a work in progress with new features to be added.  

Also, forgot to mention on our front page of the exchange there is a clickable link that shows the current contract balance and if clicked on takes you to the actual contract page so a user is able to verify themselves with ease.   https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe

Hope that clears up the previous posters concerns.  

And thanks for the new word.   Wink