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Smart Contracts often suffer from centralization issues, leaving users with the need to trust anonymous project owners. But do you have to rely on a third person's decisions? A decentralized project may be more complex to build but offers a more secure environment.

In a previous article, I wrote about the importance of valuing your smart contract audit correctly—how its cost should be determined, what you should be looking for, etc.—and the importance of knowing that the auditor you’re working for has the bona fides to demonstrate that they’re up to the task.

These days, crypto projects are extremely attractive to hackers. Many hold considerable sums of money while defense systems are still being developed. Unfortunately, even an audit from a respected company can’t guarantee that a project won’t be hacked.

In my last article, I wrote about smart contracts and why they’re gaining popularity as a way to execute agreements, both inside and outside of Web3. For those unfamiliar, smart contracts are like any other agreement, only written in blockchain.

Using AI for smart contracts audit is tempting. The process is entirely straightforward: just feed the codebase to an AI model and receive the risks listed in a convenient format.

With the growth of DeFi and Web3-based products, many entrepreneurs may be looking to blockchain technology not only as a source of greater financial flexibility but also as a means of safeguarding and ensuring completion of the business deals made across a range of industries.

To many, secure access to smart contracts may seem one of the simplest elements of programming. However, it represents a crucial part of the development process. Any error or architectural choice made without regard for safety can lead to malicious actors being able to call privileged functions in contracts. Smart contract vulnerabilities will often lead to attacks, resulting in the loss of users’ funds.

With the many abilities of modern AI apps, almost every professional is left wondering whether AI can take over their job.

Smart Contracts often suffer from centralization issues, leaving users with the need to trust anonymous project owners. But do you have to rely on a third person's decisions? A decentralized project may be more complex to build but offers a more secure environment.