How safe is money held in on-chain smart contracts, really?
Definition: If the code is changed after an audit, or the version actually deployed doesn’t match the audited version, the audit’s conclusions may not fully apply.
The reasoning behind it: Risk doesn’t come only from the contract code. Oracles, external protocols it depends on, admin privileges, and tampering with the website frontend can all lead to losses.
Ethereum, where $ETH is located, is one of the earliest public blockchains to support general-purpose smart contracts.
Every potential return comes with a corresponding risk. First, understand the worst-case scenario.
#ETH
Definition: If the code is changed after an audit, or the version actually deployed doesn’t match the audited version, the audit’s conclusions may not fully apply.
The reasoning behind it: Risk doesn’t come only from the contract code. Oracles, external protocols it depends on, admin privileges, and tampering with the website frontend can all lead to losses.
Ethereum, where $ETH is located, is one of the earliest public blockchains to support general-purpose smart contracts.
Every potential return comes with a corresponding risk. First, understand the worst-case scenario.
#ETH