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Audited Code Flaw

Definition

An audited code flaw describes a security vulnerability discovered within a software program or smart contract after it has undergone a formal security audit. This signifies that despite professional scrutiny, a defect capable of causing unintended behavior or exploitation remained undetected. Such flaws pose substantial risks, potentially leading to asset loss or system compromise in blockchain environments. The discovery of these issues frequently prompts urgent patches and public announcements to safeguard users. It highlights the persistent challenge of achieving absolute security in complex digital systems.