Publishing open-source code and undergoing third-party audits are pivotal practices for enhancing the accountability of blockchain applications. By making source code publicly accessible, developers invite the broader community to scrutinize and identify potential vulnerabilities, fostering transparency and collaborative improvement. Third-party audits, conducted by reputable organizations, provide independent evaluations of the codebase, ensuring that smart contracts function as intended without exploitable flaws. The study “Securify: Practical Security Analysis of Smart Contracts” introduces an automated analyzer for Ethereum smart contracts, aiming to detect security issues and ensure compliance with best practices. The research emphasizes the importance of tools like Securify in the auditing process, as they enhance the reliability and security of smart contracts by identifying vulnerabilities that may not be apparent through manual inspection alone.
