The need for smart contract security audits

in smartcontractauditing •  6 years ago 

Ever heard of the DAO or Decentralized Autonomous Organization? Well, it was the only smart contract that was going to transform Ethereum forever. It was actually aiming at funding all future Decentralized Applications. However, this revolutionary dApp shut down only because of a small issue in the smart contract code. A hacker siphoned away a whopping $50 million worth of Ether. This had led to an exponential increase in Ether's value and the whole drama split the Ethereum community into Ethereum and Ethereum Classic.

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That is why smart contract security auditing is very important. So, investing in high-quality auditing services is a must. Modern smart contracts face a major issue in today's market i.e. over-engineering. As smart contracts are developed by multiple developers at the same time, it results in high complexity leading to an increase in the attack surface of the Dapp. If you are feeling worried after knowing all that, your days of woe are over now. Blockchain App Factory provides the best smart contract auditing services in the market. From manual to automatic code analysis, our top-notch blockchain services will make sure that you are safe from hackers.

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