Gluon Plasma Security

Bharath Rao
LEVERJ
Published in
2 min readNov 21, 2018

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Safety of various payment networks

Funds safety is the imperative of any exchange. Gluon Plasma accomplishes a comprehensive measure of security using the following:

  1. Security Model: A security model is an abstraction that enables experts to analyze and verify system security decoupled from implementation. A security model can also be used as a reference to validate correctness of implementations.
  2. Proof of Custody: We prove that the user is in custody of funds at all times using a state-machine based proof. Similar to the security model, this enables analysis and validation.
  3. Security Audits: We are engaging a prominent security firm to conduct security audits on our contracts. An independent audit is critical to finding implementation issues and bugs before deployment.
  4. Security Bounties: Professional hackers attacking the system to legally collect bounties is an essential aspect for comprehensive security.

In the coming days, we shall explore each of these in much greater detail. Stay tuned!

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