- IOTA EVM Smart Contracts achieved a perfect score in security, business logic, and technical risk audits by Zokyo.
- The successful audit paves the way for a secure and robust IOTA EVM release, reinforcing confidence in the IOTA ecosystem.
Zokyo Audits IOTA Smart Contracts with Perfect Scoring
In a significant stride towards the upcoming IOTA EVM release, renowned security auditing firm Zokyo completed an exhaustive audit of IOTA Smart Contracts (ISC) and awarded a flawless score. This comprehensive review encompassed security, business logic, and technical risks, ensuring that the IOTA EVM is fortified against potential vulnerabilities.
Security remains the cornerstone of every crypto protocol, and IOTA EVM is no exception. To certify the security integrity of the IOTA Smart Contracts, Zokyo conducted an in-depth audit in March 2024. Zokyo, known for its expertise in securing crypto, DeFi, and NFT platforms, meticulously evaluated the coin Smart Contracts for potential security flaws, business logic coherence, and technical robustness. The results were exemplary: IOTA EVM achieved an impeccable score of 100 points. A detailed audit report is available here.
Zokyo’s evaluation confirmed that the Smart Contracts Protocol adheres to best practices in code readability and is resilient to recent vulnerabilities, including reentrance attacks. The audit also verified that the contracts align with existing standards effectively, ensuring efficient and secure operations. This achievement underscores the rigorous standards upheld by Coin in preparing for the EVM launch.
The IOTA EVM Audit in Detail
The audit by Zokyo was structured to prioritize findings based on their severity:
- Critical: Issues that could result in fund loss.
- High: Issues affecting the contract’s ability to compile or operate.
- Medium: Issues that impact the contract without significantly hindering its function.
- Low: Issues with minimal impact on the operation.
- Informational: issues with no operational impact.
Remarkably, Zokyo’s audit of the coin EVM identified no critical, high, medium, or low issues. Only informational” issues were noted, primarily concerning the non-declared visibility of specific constants or variables. After IOTA’s smart contracts team addressed these minor issues, the final score stood at a perfect 100 points.
The audit covered the following components:
- Core
- Execution
- Gas
- Processors
- Sandbox
- View context
- VMExceptions
- VMImpl
- VMTXBuilder
- VMTypes
Security Audit and the Future of IOTA EVM
The flawless completion of Zokyo’s security audit marks a crucial milestone in the path to the full-scale release of IOTA EVM. This achievement not only fortifies the security of coin smart contracts but also enhances the ecosystem’s credibility among global protocols, DeFi innovators, and users. By meeting the highest security standards, Coin EVM is poised to foster a secure and dynamic environment for the crypto community.
As the launch of coin EVM approaches, the positive audit results serve as a testament to IOTA’s commitment to security and excellence, ensuring a robust foundation for future innovations in the blockchain space.