About upgradeable contracts:
A proxy contract executes the logic contract's code through delegatecall, and the code runs in the proxy contract's own storage context.
Upgradeability lets projects fix vulnerabilities and launch new features. The tradeoff is that users must trust whoever holds the upgrade authority not to make unauthorized changes or lose their private keys.
$ETH 2415.27（-3.65%）
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A proxy contract executes the logic contract's code through delegatecall, and the code runs in the proxy contract's own storage context.
Upgradeability lets projects fix vulnerabilities and launch new features. The tradeoff is that users must trust whoever holds the upgrade authority not to make unauthorized changes or lose their private keys.
$ETH 2415.27（-3.65%）
#ETH