Smart Contract Audits
Comprehensive security audits for smart contracts.
Smart contracts enable decentralized applications with distributed consensus from blockchain networks. However, their benefits—including self-enforcement, automation, security, and immutability—come with significant security risks. Poorly implemented or unaudited smart contracts may result in security breaches, operational failures, theft, substantial financial losses, and data compromise, rather than delivering cost savings and efficiency gains. Proper security audits are essential to mitigate these risks.
"The importance of getting the smart contract code audit before it is deployed is enormous. This is because once written to the blockchain the code cannot be changed."
Smart contract auditing is a critical undertaking that should not be handled lightly or overlooked.
Our Process
Our smart contract audits involve developers thoroughly investigating the code that underpins smart contract terms to identify potential security flaws, bugs, and vulnerabilities before deployment.
Auditing a Smart Contract
Key focus areas include:
- Code consistency with latest developments
- Common development errors including stack problems, compilation errors, and re-entrance possibilities
- Smart contract platform's known errors and security flaws
- Break testing (simulating various attack vectors on the smart contract)
Manual smart contract code review – We examine each line of code to identify compilation and re-entrance mistakes and security issues, which represent the biggest threats to successful long-term smart contract implementation.
Automatic code analysis – We employ automated tools during audits, enabling sophisticated penetration testing to identify vulnerabilities and security issues rapidly.
Smart Contracts Performance Validation
Smart contract performance depends directly on code quality. All audits should include performance validation, as poorly optimized contracts incur higher execution costs.
A comprehensive smart contract audit provides assurance of the existing benefits of a well-implemented, bug-free smart contract.