Smart Contract Audits Are Your First Line of Defense Against DeFi Exploits: Here's Why | HackerNoon

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Using blockchain technology requires safe smart contracts. Therefore, businesses must have their smart contracts audited by a reputable, experienced company. - by crypto_unfolded defi crypto

Considering that the DeFi market lost even more money to hackers than scammers, one cannot overstate the importance of a secure smart contract.the smart contract's accuracy and security. It requires a thorough code review to verify it works as expected and has no flaws or vulnerabilities.

Another important reason to have your smart contracts audited is to build customer trust. Having your contracts verified by an experienced team shows you take security seriously and helps instill confidence in your business.When you get a smart contract audit, you ensure that your script is updated with current technologies and industry standards.

Plus, it's an opportunity to catch mistakes before they become costly problems down the road. A smart contract audit is like a health check for your code, and it's well worth the effort.It’s essential to take a moment and consider the risks associated with not getting a smart contract audit. Not properly vetting your smart contracts can lead to disastrous consequences that can affect you, your project, and those involved.

Source: News Formal (newsformal.com)

 

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