Welcome to Mako Inu Lounge
We are a Crypto token on the Loop Network Blockchain. Our focus is on ensuring the safety of investors by providing a contract audit that looks for potential exploits due to coding oversight. Combined with available on chain token sniffers this should help alleviate some of the security issues with new tokens.
Secure & Efficient
On the Loop Network Blockchain
Who We Are
Mako Inu Lounge is a Cryptocurrency Community which aims to provide a safer environment for investors. We analyze smart contracts to ensure their security and reliability. We strive to create a community where investors can feel secure and confident in their investments.
Our Services
At Mako Inu Lounge, we offer services to ensure the safety and security of your Contract. We currently offer a contract exploit audit on the LRC20 chain with more rigorous testing available soon.
Lets talk Smart Contracts and Security for a bit. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. They are designed to be transparent, secure, and tamper-proof. However, smart contracts are not immune to security vulnerabilities. In fact, the total amount of value stolen or lost due to security defects in smart contracts is estimated to be over $1 billion 1. To ensure smart contract security, developers must follow certain guidelines. One such guideline is to design proper access controls. In smart contracts, functions marked public or external can be called by any externally owned accounts (EOAs) or contract accounts. Giving every network participant access to contract functions can cause problems, especially if it means anyone can perform sensitive operations (e.g., minting new tokens). To prevent unauthorized use of smart contract functions, it is necessary to implement secure access controls. Access control mechanisms restrict the ability to use certain functions in a smart contract to approved entities, such as accounts responsible for managing the contract 1. Another important guideline is to write secure code. Smart contract code should be written so it can be paused when things go wrong, and a well-thought-out upgrade path for bug fixes should be in place. Developers should also avoid using complex code that could be exploited by attackers. It is also important to test smart contracts thoroughly before deploying them on the blockchain 2. In conclusion, smart contract security is a serious concern that every developer should take seriously. By following best practices and guidelines, developers can help ensure that smart contracts are secure, robust, and resilient. 1: ethereum.org 2: hedera.com