Update security-of-the-contracts.md

source/security-of-the-contracts.md

@@ -1,16 +1,16 @@
 # Security
 Security was the main focus on the design and implementation of the DutchX.
 
-The mechanism are design to solve the problems of other exchanges (centralised
-and not centralised ones) so there are not parties taking advantage and
-profiting out of the users.
+The mechanism is designed to solve the problems other exchanges (centralized
+and decentralized ones) face, aiming to remove parties that take advantage and
+profit out of the users.
 
-The result is a fare exchange of tokens were all users play under the same rules.
+The result is a fair exchange of tokens where all users play under the same rules.
 
 The smart contract's code was submitted to:
 * **Internal audits**:
   * The code is open source and public for anyone to review.
-  * During the construction, it was subjected to constant internal audits, peer
+  * During construction, it was subjected to constant internal audits, peer
     reviews, and unit testing.
 * **External audit**: A thorough external audit by Solidify ([https://solidified.io/](https://solidified.io/))
 
@@ -21,10 +21,10 @@ The smart contract's code was submitted to:
   </p>
 
   * Three auditors reviewed the code in parallel in an isolated review. Then they
-    compare the findings and come to a group consensus. Then the final report
+    compared the findings and came to a group consensus. The final report
     is done, and over some iterations all the risks are mitigated.
   * Check out the <a href="./_static/docs/Solidified_Audit_Report.pdf">Solidify Audit Report</a>.
-  * Check this post <a href="https://medium.com/solidified/securing-gnosis-dutch-exchange-smart-contracts-a-case-study-65c3dcc0ed0b" target="_blank">Securing Gnosis’ Dutch exchange smart contracts — a case study</a> to learn how was the proccess.
+  * Check this post <a href="https://medium.com/solidified/securing-gnosis-dutch-exchange-smart-contracts-a-case-study-65c3dcc0ed0b" target="_blank">Securing Gnosis’ Dutch exchange smart contracts — a case study</a> to learn how this was done.
 
 * **Bug bounty**:
   * On top of the audits, a Bug bounty program was created. It offers generous
@@ -33,9 +33,9 @@ The smart contract's code was submitted to:
   * Check the details in <a href="https://blog.gnosis.pm/gnosis-dutchx-and-initial-owl-generation-bug-bounty-71ba53dfd2db" target="_blank">Gnosis DutchX and Initial OWL Generation Bug Bounty</a> for more information.
 
 The DutchX is a non-custodial trading protocol. Your funds are only held in
-the audited smart contracts, son **no company or organisation holds the funds**,
+the audited smart contracts, so **no company or organisation holds the funds**,
 just the audited contracts.
 
-Keep in mind that, as a user for a decentralised application, you are the only
+Keep in mind that, as a user of a decentralized application, you are the only
 one who has access to your private key, so it's important that you
 **keep you keys safe**.