‘Code-Based’ refers to systems or protocols whose security and functionality are primarily derived from the underlying computer programming. In digital assets, this often signifies a reliance on smart contracts and blockchain logic for operational integrity and transaction validation. The transparency and immutability of code are central to the trust model of such systems.
Context
The current discourse around ‘Code-Based’ systems in crypto often involves analyses of smart contract audits, the identification of potential vulnerabilities, and the development of formal verification methods. Debates frequently address the challenges of ensuring code correctness, the implications of open-source development for security, and the impact of code upgrades on protocol stability. Future developments to watch include advancements in secure coding practices and the formal proof of code properties.
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