What Are the Primary Risks Associated with Deploying a Mutable Smart Contract? ▴ Learn

What Are the Primary Risks Associated with Deploying a Mutable Smart Contract?

The main risks include potential centralization of power, as a single entity or small group controls the upgrade key, which could lead to a malicious code change or "backdoor." Another risk is the complexity of the upgrade mechanism itself, which can introduce new bugs. Furthermore, users must trust the contract's administrator not to abuse their upgrade privileges.

How Can Time-Locks Mitigate the Security Risks of Mutable Contracts?

How Can Decentralized Autonomous Organizations (DAOs) Manage Mutability More Securely?

Explain the Concept of “Rug Pull” in Relation to Mutable Contract Ownership

What Happens to a Contract’s State Variables during a Mutable Upgrade?