1-inch CEO: Smart contract design needs to consider 4 major risks:

2020-8-25 15:42
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On August 24, Sergej Kunz, CEO of 1inch, a joint venture, said in an interview that 1inch uses real-time monitoring, according to DeFi Road. . Part of the DeFi product market continues to go crazy every year, so I think users should educate themselves about the products they want to use rather than investing in technology they don't have access to. But of course there will be those who are less concerned with security and trust. Meanwhile, on the subject of security in smart contracts, Sergej Kunz said that there are many smart design patterns that may indicate additional risks. And the risks that need to be avoided or associated are: 1) updates, 2) control keys, 3) telephony - which means smart contracts can be used for external contracting purposes. 4) Reentrant - - The smart contract calls the others. Create a smart contract and make sure the smart contract is not recalled.

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