Smart Contract Audit – Definition, Process, Cost and Time
Smart contract security has been a hot topic in the blockchain community for years now. The industry is still young, and not many people have formal smart contract security experience. This is a huge problem, because bad actors are quickly exploiting vulnerabilities in smart contracts as they become available. There are certain things that every smart contract audit should check for, but every smart contract architecture is different. A full audit takes time and some companies want faster results. That’s why we wrote an article on how long a smart contract audit takes, and what you can expect from it. What Is A Smart Contract Audit? A smart contract audit is carried out to ensure that the code of a smart contract is thoroughly checked for any errors and flaws. This complete analysis is required to make sure that the smart contract works with optimum efficiency and follows the rules established by its code. A smart contract audit is achieved through a meticulous review of the cod...