Project is proving legitimacy that they are not fake and users faith increases that project is not fake
that someone reviewed it and didn't see anything weird, but where someone sees nothing others see an opportunity 👀😂
Not a guarantee of safety. But does signal the team is conscientious of security and willing to spend effort/money/time beyond the requirement
It’s just a box-ticking exercise unless the auditor publishes a report documenting their methodology & findings (we’re nowhere near where there’s common expectations around what ‘audit’ means)
That at least they are trying to make the efforts towards high quality verification. Next questions; how many audits, who and lemme see please?
someone had a look at the code and it seems to be quite ok. but that's not the case, isn't it?