Amberdata, a provider of enterprise-grade solutions for blockchain monitoring and operational intelligence, has announced it has added automated security audits at scale for Ethereum smart contracts to its platform.
The new offering — which is available to Amberdata platform users — incorporates smart contract static and byte code security analysis to detect security vulnerabilities. A vulnerability score helps developers easily understand the attack surface of their smart contracts, while the metrics and console provide insight into the state and health of their applications.
Over recent months, an average of 8,000 smart contracts have been deployed daily onto Ethereum. Smart contracts need to be secure and transparency of security needs to be accessible to all. Amberdata is the first company to automate this process at scale and make it easily accessible to all.
Amberdata has already conducted audits on over 280,000 smart contracts — including the top 2,000 on mainnet Ethereum and all smart contracts that have been deployed over the past 90 days. As the list of audited smart contracts continues to rapidly grow, users will able to search for any smart contract and better understand its security posture.
“Today’s security audits are expensive, and it is almost impossible to find and hire qualified teams to conduct them. Even after paying professionals your results may vary. Amberdata is helping developers easily identify vulnerabilities and mitigate risk as they build and maintain their applications. Our data shows that over 16% of the smart contracts that we audited have some level of vulnerability warnings which warrant a second look. Our automated process provides greater access and enhanced visibility into smart contracts. We hope that by providing these tools to the community, we can reduce outside dependencies and enable the community to develop faster more safely.”
In addition to the security audit, Amberdata has also added real-time smart contact activity streaming and historical event logs. The real-time activity stream provides a live look at transactions, events, function calls and contract internals, while the automated historical event logs offer a time-series view into past contract activity.