What is a smart contract security audit? A beginner's guide

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What is a smart contract security audit? A beginner's guide
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  • 📰 Cointelegraph
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How are DeFi protocols hedging against risks? The smart contract audit method focuses on examining the code that underpins the smart contract's terms and conditions so that developers can quickly identify vulnerabilities and flaws.

As a result, businesses are concerned about their deployment due to the irreversible nature of smart contracts. Furthermore, due to security flaws in smart contracts, you risk losing the entire contract and its related assets. Therefore, smart contract auditing has become a critical requirement in recent years for the following reasons:can help you avoid potentially fatal flaws after launch.

Prevent security attacks: As you write and alter code, keeping an eye on any security flaws helps prevent security attacks.

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