Too Long; Didn't Read
It seems almost every week we hear of bugs and security incidents involving smart contracts that result in significant financial and reputation losses to organizations and individuals.
Smart contracts contain the implementations of DAOs, voting systems, tokens, NFTs, DeFi services, and many other kinds of blockchain applications and assets.
By their nature smart contracts can be accessed by anyone, their code can be inspected by anyone, and their transactions and state changes are recorded on a public blockchain and can be observed by anyone.
Couple these facts with the immutability of smart contract transactions and you end up with both a tempting target for deliberate exploits by attackers and a source of potentially disastrous consequences from inadvertent programming errors in smart contract code.
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