Correctness Guarantees represent assurances that a system or program will behave as intended under all specified conditions. In the context of digital systems, they are formal assurances that a protocol or smart contract will execute its logic without error or deviation. Such guarantees are often established through rigorous mathematical proof or formal verification methods. They confirm the system’s adherence to its design specifications.
Context
Correctness guarantees are increasingly important in blockchain development, especially for critical smart contracts managing substantial value. News articles highlight these guarantees when discussing the reliability and security of new decentralized applications or protocol upgrades. The debate centers on the feasibility and cost of achieving complete correctness guarantees for complex distributed systems.
Mechanized formalization of MEV using the Lean theorem prover provides machine-checked proofs of extraction bounds, fundamentally securing DeFi protocol logic.
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