Definition ∞ Black-box simulation refers to a testing methodology where the internal workings of a system are unknown to the tester. Inputs are provided, and outputs are observed to deduce behavior without access to the underlying code or logic. This approach evaluates external functionality and performance under various conditions.
Context ∞ In the context of digital assets, black-box simulations are often applied to assess the resilience of smart contracts or blockchain protocols. These simulations help identify unexpected outcomes or vulnerabilities by interacting with the system as an external user would. News reports may reference such simulations when discussing the security audits or stress testing of new crypto projects.
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