Contract auditor: Believe that the NFT security field will grow wildly in the near future
Contract auditor Pashov posted on X platform that NFT floor prices are rising. I remember when these markets were booming in 2021, I was studying Solidity and had a strong FOMO. I wanted to contribute but couldn't yet. I have seen the lowest code quality in NFT protocols, but the most people who want to make quick money with low technical content, so fraud has reached its peak and hacker attacks are also common.
The good news is that from the perspective of source code, most NFT protocols are quite simple, but there are still attack points: using "safeMint" for re-entry; flawed randomness generation; lack of access control for critical task methods. When it comes to NFT collateral contracts, the attack surface expands tenfold, and we face rounding issues, token jams, and front-running transactions. When we involve NFT derivatives and exchanges, complexity will soar. Alpha: Looking for errors in large NFT protocols and providing security services for them, I firmly believe that the NFT security field will grow like crazy in the near future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana DEX volume hits record high: Is SOL price headed to $300?
BTC falls below $98,000
Metalayer plans to set up a $25 million crypto venture capital fund