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Table of Contents
- Introduction
- What Is A Smart Contract Audit?
- Why Audit?
- Project Responsibilities Â
- Summary
Introduction
Smart contracts have emerged as the foundation of most web3 economies. They are programs like any other but are responsible for way more finances than typical applications. Smart contracts can seem simple, but one greater than symbol mistakenly typed as a less than could be detrimental to everyone using the contract when a malicious actor discovers how to exploit it.
Preparation for smart contract audits begins before the project reaches the auditor. Test-driven development is essential during the creation of the contract. Good internal control and documentation can be valuable to the auditing process. As a result, the auditor spends less time understanding the protocol and can dedicate more time determining if it does what it should and what happens when it does not.
What is a Smart Contract Audit?
A smart contract audit meticulously examines the entire code to find security and efficiency weaknesses. Typically, ensuring the code functions as intended is important, and properly written code can go a long way. "If builders built houses the way programmers build programs, the first woodpecker to come along would destroy civilization." – . This code review is necessary because most smart contracts deal w