Contract evolution describes the process by which smart contracts or blockchain protocols undergo updates or modifications over time. This can involve changes to their logic, parameters, or underlying functionality. Such changes are often implemented to address security vulnerabilities, introduce new features, or improve efficiency. The methods for this progression vary depending on the protocol’s design.
Context
The discussion surrounding contract evolution often involves the tension between immutability, a core blockchain tenet, and the practical necessity for adaptability. Debates center on governance mechanisms that permit changes, such as multi-signature approvals or decentralized autonomous organization (DAO) voting. A critical future development is the establishment of secure and transparent standards for contract modification, balancing innovation with system integrity.
New refinement framework shifts to a "specification is law" paradigm, enabling safe, formally verified contract upgrades while preserving essential properties.
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