Safety and scamsIntermediate
What a smart contract audit proves
A smart contract audit is an outside review of one version of the code at one point in time.
- What it means
- An audit can find many bugs but cannot prove there are none, and it does not cover later code changes, the team's behaviour or market risk.
- What to watch
- Whether the deployed code matches the audited version, which issues the report lists and whether they were fixed, and the full report rather than an audit badge on the website.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
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