Why Do We Need Audits of Smart Contracts?
1 min read
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Feb 1
A smart contract is computer code with a set of rules that are executed when certain conditions occur. This happens automatically, without human involvement and without trust between the two participants of the transaction.
But what happens if a developer accidentally or intentionally makes a mistake in a smart contract? Participants lose their money. At the same time, typical critical errors in smart contracts are usually detected by automatic analyzers.
But when we want to check the high-level logic of smart contracts and the compliance of the rules with the stated goals, this requires a rather complex audit involving specialists who
