Security Tools (Web3)

Smart Contracts Security

Current Web 3.0 Integrations & Updates to Web3

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NOTE: Please be sure to check the Verification of our Token and Blockchain at all times. We pride ourselves to maintain the highest coding, security and checking + verifications standards. Smart Contracts that are NOT security verified by PolyScan or with notices of changes (e.g. constructor) are done by someone other than us on Tokens published. We DO NOT support those contracts! Please contact us for any clarifications at Support page.

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General Considerations

  • IPFS: Cryptographically-secured using IPFS (Inter-Planetary File System).

  • Input validation: Smart contracts should validate all inputs received from external sources and ensure that they meet the expected format and constraints. Failure to validate inputs could lead to vulnerabilities such as buffer overflow attacks, integer overflows or underflows, and other forms of code injection attacks.

  • Access control: Access control mechanisms should be put in place to prevent unauthorized access to the smart contract's functions and data. The implementation of these mechanisms should follow the principle of least privilege, granting only the necessary permissions to each user or role.

  • Secure coding practices: Smart contracts should follow secure coding practices to avoid common vulnerabilities such as reentrancy, race conditions, or denial-of-service attacks. These practices include the use of safe math libraries, the avoidance of external calls within loops, and careful attention to contract state transitions.

  • Code review and testing: Smart contracts should undergo extensive code review and testing to identify potential security issues. This should include both automated and manual testing, as well as audits by independent third-party security experts.

  • Governance and upgrades: Smart contracts should have a clear governance model in place to manage upgrades and changes to the contract. This should include a mechanism for community feedback and input, as well as a process for assessing and mitigating the risks associated with upgrades.

  • Transparency: The smart contract's code should be transparent and open source, allowing for public scrutiny and feedback from the community. This can help to identify potential vulnerabilities and ensure the contract's security and reliability.

  • In summary, ensuring the security of a smart contract requires a comprehensive approach that includes input validation, access control, secure coding practices, code review and testing, governance, and transparency.

Tools Used

  • Mythril: an open-source security analysis tool for Ethereum smart contracts that can detect various vulnerabilities, such as reentrancy, integer overflow, and other common issues.

  • Oyente: another open-source security analysis tool that checks for various vulnerabilities in smart contracts, including reentrancy, timestamp dependence, and other issues.

  • Securify: a security scanner for Ethereum smart contracts that can detect vulnerabilities such as reentrancy, uncontrolled transfers, and other issues.

  • Echidna: a property-based fuzzer that can automatically test smart contracts for various vulnerabilities by generating inputs that can cause failures.

  • Truffle: a development framework for Ethereum that includes a suite of tools for testing and deploying smart contracts, including a built-in testing framework and support for contract migration.

  • Ganache: a personal blockchain for Ethereum development that can be used to test smart contracts and run automated tests.

  • Remix: a web-based IDE that can be used to write, test, and deploy smart contracts. It includes a built-in compiler and debugger, as well as support for contract deployment and testing.

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