As per Jake Frankenfield, a smart contract is an agreement between a buyer and seller written entirely in computer code and then automatically executes itself.
This necessitates discussing how secure smart contracts are and how we can make them more robust and secure.Code verification is the procedure used to evaluate software code for bugs that may have been created during the development phase., inspection, demonstration, testing, and analysis are the four cornerstones of verification.
I believe that a thorough, smart contract assessment is necessary to check the quality of the source code since this is the only way to guarantee that the code compiles correctly and achieves its intended purpose when run on the target platform. from the production environment, testing and verifications are fundamental to building robust smart contracts!Improper smart contract deployment during development and inadequate security procedures have led to several instances of hacked platforms operating on smart contracts., in 2022, the total amount of funds lost to smart contract hacks is 2.7 billion dollars.
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