🐋 Beyond watching the charts, you should understand these basics too: smart contract risks
Once a smart contract is deployed on-chain, it executes according to its code. If an attacker exploits a vulnerability, funds may be transferred away and become difficult to recover.
Contracts that have been live for a long time and have been tested with large amounts of funds are generally considered more reliable, but that doesn’t mean they’re vulnerability-free.
Ethereum, where $ETH is located, was one of the first public blockchains to support general-purpose smart contracts. Currently 2510.42.
Be extra cautious when you come across projects promising high returns.
#ETH
Once a smart contract is deployed on-chain, it executes according to its code. If an attacker exploits a vulnerability, funds may be transferred away and become difficult to recover.
Contracts that have been live for a long time and have been tested with large amounts of funds are generally considered more reliable, but that doesn’t mean they’re vulnerability-free.
Ethereum, where $ETH is located, was one of the first public blockchains to support general-purpose smart contracts. Currently 2510.42.
Be extra cautious when you come across projects promising high returns.
#ETH