TLDR
- Cardano founder Charles Hoskinson emphasized the network’s dedication to security following the release of FluidTokens’ audit.
- FluidTokens made its comprehensive 106-page audit report public to promote transparency and demonstrate its commitment to user safety.
- Vacuumlabs, a reputable engineering firm in the crypto space, audited FluidTokens’ V3 lending protocol.
- Hoskinson highlighted the importance of security within the Cardano ecosystem in light of the recent Monero 51% attack.
- The multi-resource consensus protocol Minotaur, developed for Cardano’s Midnight sidechain, is designed to prevent network takeovers.
Cardano founder Charles Hoskinson has emphasized the network’s commitment to security following the release of a comprehensive audit by FluidTokens. This audit, conducted by Vacuumlabs, assessed FluidTokens’ V3 lending protocol. FluidTokens shared the audit’s 106 pages publicly in an effort to promote transparency and demonstrate their dedication to security.
FluidTokens Shares 106-Page Audit to Promote Transparency
FluidTokens unveiled its 106-page audit report on its official X account. The audit, carried out by the well-known engineering firm Vacuumlabs, covers the V3 lending platform’s smart contracts. By releasing the full audit publicly, FluidTokens aims to build trust within the crypto community and set an example for transparency.
This release stands in contrast to other crypto projects that often keep their audit reports private. FluidTokens’ decision highlights its priority of user safety and project integrity. The project’s openness is in line with the broader effort to hold Cardano-based projects to high security standards.
Hoskinson Highlights Cardano’s Security Focus Amid Monero Attack
In response to the recent Monero 51% attack, Hoskinson reiterated Cardano’s commitment to security. He used the attack as an example of why Cardano’s ecosystem prioritizes robust protections.
“The Cardano ecosystem takes security seriously” Hoskinson stated, reinforcing his message with the release of FluidTokens’ audit.
Hoskinson also pointed out how the Cardano network has implemented mechanisms to prevent such attacks. His comments focused on the multi-resource consensus protocol Minotaur for Cardano’s Midnight sidechain. The protocol, which combines proof-of-work and proof-of-stake, safeguards the network from takeover attempts.
The Cardano ecosystem takes security seriously https://t.co/2pBzSwMDgo
— Charles Hoskinson (@IOHK_Charles) August 12, 2025
Hoskinson’s focus on security further underscores Cardano’s efforts to provide a safe environment for its users. This commitment remains a cornerstone of the network’s broader mission to prevent vulnerabilities and protect against financial loss.
