Definition ∞ An unverified contract on a blockchain has source code that has not been publicly matched against its deployed bytecode. This lack of transparency prevents independent auditing of the contract’s internal logic and behavior. Users cannot confirm if the contract operates as claimed, introducing significant security and operational risks. Such contracts pose a substantial threat to user funds.
Context ∞ Interacting with unverified contracts carries elevated risks within decentralized finance and other blockchain applications. Hidden vulnerabilities or malicious code can lead to substantial financial losses. Public code verification is a fundamental requirement for establishing trust and ensuring security within the digital asset ecosystem.
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