Solana Foundation and Polygon Labs have teamed up to launch the Rekt test, a baseline of the security performance of web3 projects. The Rekt Test is a short questionnaire that can be used by anyone, especially investors and end-users, who are interested in assessing projects for themselves, per the blog.
Designed by a bunch of web3 security experts in San Francisco in early 2023, the working group of web3 comprises participants like Mitchell Amador at leading bug bounty platform Immunefi, Dan Guido at Trail of Bits, Lee at Euler Finance, Shahar Madar at Fireblocks, and the folks at Ribbit Capital.
The reality is that the state of web3 security is still immature and of poor quality, despite the tremendous amounts of capital flowing through the ecosystem. It is this poor quality that has led to billions in unnecessary losses through private key thefts, social engineering, and lack of documentation…Simply put, we will all fail at onboarding the next billion users into web3 if we do not succeed in improving security standards.
Seven security evaluations are covered by the Rekt Test: system documentation and roles, key management, access control, incident response, and crisis management; team and personnel security; code security and testing; external audits; and vulnerability management, as well as attack mitigation and user protection.
The implementation of the Rekt Test in a regular security meeting will fetch rich dividends in both the short and long term, the team added.
Meanwhile, the Solana Foundation recently released a report outlining notable advancements through the first half of 2023, particularly in terms of uptime, a metric for network dependability. The smooth rollout of v1.14 to the mainnet, which was suggested following an outage on February 25, was one of the largest improvements.
Solana’s Roadmap for Upcoming Features
Since that moment, SOL has seen zero outages and 100% uptime. This is significant because network outages plagued the blockchain, ironically turning them into memes that damaged the reputation of the so-called “Ethereum Killer” and the blockchain itself.
Having said that, Michelle, DeFi BD at Solana Foundation, spilled the beans on the upcoming features on Solana’s roadmap in the latest interview with DeFi researcher Ignas. One of them involved Token-22, a brand-new token standard that offered SOL tokens with greater customizability.
Additionally, Solana plans to leverage AI to help make the platform simpler to use and understand. State compression, a new technique for storing data directly on-chain on Solana, is also being developed.