DeFi Key Concepts: Smart Contract Risks
· Many protocols have bug bounty programs that reward white-hat researchers for reporting vulnerabilities.
· In 2016, The DAO was attacked through a reentrancy vulnerability. Ethereum later underwent a hard fork, while the original chain that did not fork continued as Ethereum Classic (ETC).
Ethereum, where $ETH is located, is one of the earliest public blockchains to support general-purpose smart contracts. Currently 2518.25.
· Many protocols have bug bounty programs that reward white-hat researchers for reporting vulnerabilities.
· In 2016, The DAO was attacked through a reentrancy vulnerability. Ethereum later underwent a hard fork, while the original chain that did not fork continued as Ethereum Classic (ETC).
Ethereum, where $ETH is located, is one of the earliest public blockchains to support general-purpose smart contracts. Currently 2518.25.