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What Is a Smart Contract Audit and Why Is It Essential?

A smart contract audit is a rigorous security review of the code by external experts to identify vulnerabilities, bugs, and logical flaws before deployment. It is essential because the contract's immutability means any flaw can be permanently exploited, leading to massive financial losses.

Audits are a crucial risk mitigation step.

How Does the Immutability of Blockchains Impact the Smart Contract Auditing Process?
What Is the Purpose of a Smart Contract ‘Audit’?
How Are Smart Contracts Audited to Identify and Mitigate Security Risks?
Why Is a Smart Contract Audit Important?