OpenZeppelin, founded in 2015, is the global leader in blockchain security, recognized for pioneering the industry’s first professionalized security audit firm. Trusted by top projects like Coinbase, Compound, Aave, and the Ethereum Foundation, OpenZeppelin's rigorous security audits and Defender platform ensure the highest security standards across the blockchain ecosystem.
Its open-source Contract Libraries, securing over $6 trillion in value transferred and $50 billion in TVL, are the gold standard for secure smart contract development.
EIP-4337 is a specification to add account abstraction functionality to the Ethereum mainnet without modifying the consensus rules. The Ethereum Foundation asked us to review the specification and a reference implementation.
OpenZeppelin Contracts, the standard for smart contract development in Solidity, is now expanding to the Cairo language. With the new OpenZeppelin Contracts for Cairo, developers can leverage standard smart contracts written in Cairo to build their own applications on top of StarkNet, a zero-knowledge rollup.
OpenZeppelin played an essential role by auditing the A$DC token and providing smart contract operational infrastructure, thereby securing the transaction and hastening the mainstream adoption of digital currencies. OpenZeppelin helped secure A$DC, which is pegged at a 1:1 ratio with the Australian Dollar. By using A$DC, ANZ clients were able to send A$30 million to digital asset fund managers in less than 10 minutes without costly intermediary conversions.
OpenZeppelin’s Continuous Audit model enables a monthly release schedule for ZKsync Era and allowed the team to shave four months off their launch schedule, overcoming the limitations of longer release cycles in blockchain.
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