Post by @stani • Hey

When you hear that a smart contract is audited, what comes to your mind?

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How many times is the contract audited ?
Its great effort and costs some money. The protocol takes safety seriously. But no guarantee..
it's security, so i trust this project.
The contract is safe
Just a tiny bit safer than if it hadn't been audited.
Project is proving legitimacy that they are not fake and users faith increases that project is not fake
that someone reviewed it and didn't see anything weird, but where someone sees nothing others see an opportunity 👀😂
Not a guarantee of safety. But does signal the team is conscientious of security and willing to spend effort/money/time beyond the requirement
It’s just a box-ticking exercise unless the auditor publishes a report documenting their methodology & findings (we’re nowhere near where there’s common expectations around what ‘audit’ means)
That at least they are trying to make the efforts towards high quality verification. Next questions; how many audits, who and lemme see please?
someone had a look at the code and it seems to be quite ok. but that's not the case, isn't it?
That it’s secure..