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Protocol Self-Correction

Definition

Protocol self-correction refers to a decentralized system’s inherent ability to automatically detect and rectify errors or suboptimal states within its operational code. This mechanism allows a blockchain or smart contract to adjust its parameters or logic in response to predefined triggers or environmental changes, maintaining its intended functionality and security. It often involves on-chain governance or algorithmic adjustments designed to mitigate risks, improve efficiency, or restore equilibrium. This capability enhances the robustness and long-term viability of decentralized applications.