Quantstamp is the first scalable security audit protocol designed to identify vulnerabilities in Ethereum smart contracts. The Quantstamp protocol reviews all smart contracts on the Ethereum network by creating scalable and cost-effective systems to address the security issues of smart contracts. Over time, as well as security considerations, Quantstamp expects each Ethereum smart contract to use the Quantstamp protocol for security audits.
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The Quantstamp protocol relies on a distributed network of players to mitigate the effects of bad guys, creating enough compute power to manage the network. Each participant will use Quantstamp Protocol Tokens (QSPs) to make payments, receive or improve services.