Many crypto projects have been facing a tough time securing their platform, Saitama announced its ecosystem being hacker resistant. According to the Saitama team, it received a certificate from Certik, a leading security-focused ranking platform, stating it was free of any critical issues.
As per the announcement,
“Saitama, one of the fastest growing cryptocurrency and community driven platforms, announced that its SaitaMask ecosystem has passed an audit and been certified by CertiK – one of the most trusted blockchain security audit firms which utilizes best-in-class AI technology to secure and monitor blockchain protocols and smart contracts.”
Many saw Saitama as a Dogecoin duplicate, but the executives were excited for the potential of the project. It has 300,000 holders with a diluted market capitalization of $4 billion. With a strong base of loyal followers, the management hoped fur further growth. As per the Chief Technology Officer, Max Hernandez,
“Passing the audit by CertiK is an important step in Saitama’s growth as a community driven platform promoting financial well-being by empowering people of all ages and cultures to be in control of their money and create their own wealth opportunities.”
This certificate from the security-focused platform will open several exchange listings.
As per the COO of Saitama,
“The certification proves that Saitama’s blockchain technology is hacker resistant and free of major or critical bugs, giving even greater confidence to larger exchanges, existing coin holders and potential new purchases added confidence in Saitama and its continued growth.”
Launched on 31st May 2021, Saitama picked up momentum in October and hit an all-time high of $0.0000002777 in November. The price has since dropped a whopping 82.5% and was trading at $0.00000004846, at the time of press.