Definition ∞ External audit gaps signify areas of a system or smart contract that were not thoroughly examined during an independent security review. These omissions can arise from scope limitations or insufficient testing methodologies. Such gaps represent potential vulnerabilities that could be exploited. Identifying and addressing these gaps is crucial for maintaining system integrity.
Context ∞ External audit gaps are frequently highlighted in post-mortem analyses of cryptocurrency hacks and protocol exploits. The discussion often centers on the need for more comprehensive audit processes and continuous security monitoring. Bridging these gaps is a primary concern for projects seeking to establish trust and reliability in the digital asset space.
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