Knowledge may seem useless in everyday life, but when something goes wrong, you realize how valuable it is.
Today's topic: Smart contract risks
Many protocols can upgrade their contracts through proxy contracts, and the multisig account that controls upgrade permissions is itself a potential risk.
When reading an audit report, pay attention to the date, scope, and any unresolved issues. Don't just look at the words “audited.”
Ethereum, where $ETH is located, was one of the earliest public blockchains to support general-purpose smart contracts.
#ETH
Today's topic: Smart contract risks
Many protocols can upgrade their contracts through proxy contracts, and the multisig account that controls upgrade permissions is itself a potential risk.
When reading an audit report, pay attention to the date, scope, and any unresolved issues. Don't just look at the words “audited.”
Ethereum, where $ETH is located, was one of the earliest public blockchains to support general-purpose smart contracts.
#ETH
