The most critical subjects covered in our audit are functional correctness, asset solvency and signature handling. Security regarding Functional correctness and asset solvency is good. Signature handling is improvable, see Problems Related to Consent and ConsentVerification.

The general subjects covered are event handling and gas efficiency. Gas efficiency is improvable, see Gas Optimisation. Event handling can be improved as well, see Pausing and Unpausing Emit Misleading Events.

In summary, we find that the codebase provides an improvable level of security.

Many of the issues we identified during our assessment, which you have acknowledged without taking action, have the potential to cause human errors and other negative impacts. It is important to address these issues promptly to ensure the overall safety and reliability of your system.

It is important to note that security audits are time-boxed and cannot uncover all vulnerabilities. They complement but don’t replace other vital measures to secure a project.

Blockswap implements State Replication Gateway – a cross chain state portability system, that allows the extension of a smart contract states between EVM-compatible chains.

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“Blockswap Labs is a research and development firm making blockchain technology accessible to mainstream users. As core contributors to Blockswap Network and Proof of Neutrality Network, Blockswap Labs are building a permissionless middle layer and catalyzing web3 development through credibly neutral public benefit infrastructure solutions.”

(Source: https://blockswaplabs.com)