Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute predefined actions when specific conditions are met, operating on a blockchain. This enables automated, trustless transactions and the creation of decentralized applications.
Context
The functionality and security of smart contracts are central to the operation of decentralized finance (DeFi) protocols and non-fungible tokens (NFTs). News coverage often addresses the development of new smart contract languages, audits to identify vulnerabilities, and the legal implications of code-based agreements. Debates persist regarding their enforceability and the potential for exploits that could impact digital asset holdings.
Base integrates cross-chain interoperability with Solana, expanding its architectural reach while advancing decentralization through token exploration.
The Pectra upgrade fundamentally refines Ethereum's staking architecture and introduces native account abstraction, streamlining user interaction and bolstering protocol resilience.
This unprecedented national-level DAO implementation establishes a new precedent for decentralized governance, enhancing citizen participation and operational transparency.
This initiative establishes a robust framework for secure, efficient interbank settlements and tokenized asset exchanges, enhancing operational integrity and liquidity across financial markets.
Cardinal introduces the first Bitcoin DeFi primitive on Cardano, enhancing ecosystem liquidity and expanding interoperability for decentralized applications.
This collaboration streamlines investment fund management via blockchain, enhancing operational efficiency and transparency for institutional participants.
This research integrates large language models with formal verification to automatically generate precise properties, fundamentally enhancing smart contract security.
This research formalizes Maximal Extractable Value dynamics through a multi-stage game, revealing systemic inefficiencies and quantifying mitigation strategies.
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