The importance of high-level security for companies using smart contracts and blockchain

Ivan Nedeljkovic
Jun 20 · 5 min read

Patching the Achilles Heel

A smart contract audit is defined as a systematic assessment of an individual smart contract to help ensure that the code cannot deviate from the set norm in any way and cannot be misused by an attacker. This means eyeing not only for common liabilities such as integer overflow and memory mishandling, but also more intricate vulnerabilities usually encountered in systems software design, such as race conditions are highly important. Other than software susceptibilities, smart contract audits must also investigate game theoretical security, avoiding misalignment of incentives which could allow an actor to gain an unfair economic advantage even though they’re technically following the contract logic.


What we need instead is a proactive solution that protects devices inside out with features such as keystroke encryption, anti-clickjacking capability, anti-screen capture and strong password protection.

Only then can we remain a step ahead of the exploiters who are constantly devising newer, more sophisticated ways to attack wallets and exchanges by gaining access to our devices.

Putting the two and two together into the marketing pattern — CoinPoint

Security and code maintenance have always been a number one priority for all decentralized ecosystems. Due to the complex nature of blockchain consensuses and smart contracts, blockchain-powered businesses have succumbed to hacking attempts on multiple occasions as a result of security mishaps and absence of auditing experts.

CoinPoint

CoinPoint is a multinational premium digital marketing agency, with an outstanding place on the global blockchain and crypto map since 2013.

Ivan Nedeljkovic

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Making crypto great again!

CoinPoint

CoinPoint

CoinPoint is a multinational premium digital marketing agency, with an outstanding place on the global blockchain and crypto map since 2013.