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May 22, 2018, 03:57:15 PM |
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The choice depends on many factors: complexity of the solution required, the budget, the control over the development process and result, etc. But no matter what solution the business goes for, there is still a risk that smart contracts are vulnerable to being hacked, broken, or otherwise exploited. There are many cases when projects had suffered huge financial losses due to an undiscovered bug in a smart contract for example DAO platform which lost more than USD 50 million. The recent research 3 has found codifying and security issues were the top two severe smart contracts vulnerabilities.
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