V0 — Audit Completed
Thorough Security Examination of BalanceAI by SRLabs (Security Research Labs)
About SRLabs
We opted for SRLabs due to their deep involvement in prominent projects across the Polkadot, Kusama ecosystems, and Substrate-based chains. Their endorsement came with strong recommendations from numerous trusted teams and developers within our professional circle.
SRLabs employed a threat model-driven code review strategy to effectively assess the BalanceAI codebase. For each identified threat, they developed hypothetical attacks, prioritized by risk, and evaluated the codebase for existing protections and vulnerabilities.
To learn more about their vision for the blockchain sector
https://www.srlabs.de/bites/blockchain-security-six-common-mistakes-found-in-substate-chains
Completion of Audit
The comprehensive audit for BalanceAI has been finalized. We have entered into a commercial agreement with SRLabs. Our ongoing collaboration with SRLabs is crucial to ensuring that BalanceAI V0 provides a robust foundation for our future initiatives. The process involves repeating all tests, receiving feedback, addressing issues, and conducting a final thorough audit.
Audit Strategy
The audit has been concluded, and the audit strategy encompasses:
1. Baseline Check of Runtime Implementation
2. Evaluation of Attack Paths
3. Exploration of Attack Vectors
4. Dynamic Testing Methods
The audit reviewed BalanceAI V0, focusing on:
- Network Genesis and Chain Specifications
- Network Runtime Configuration
- Governance Settings
Results of the Audit
SRLabs identified some issues which have been addressed and fixed to enhance security.
Following a comprehensive reassessment of the revised implementations, SRLabs has concluded the audit process.
The final audit report, which evaluates and confirms the security and stability of BalanceAI Network Mainnet v.0, is now available for review at the following link:
V0 — The Torus (BalanceAI Network — Mainnet)
Learn more about BalanceAI Mainnet
https://medium.com/@balancedao/v0-the-torus-balanceai-network-mainnet-39618c3e4901
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