Verification Properties

Definition ∞ Verification properties are specific characteristics or behaviors that a system must satisfy to be considered correct or secure. These properties are formal statements about the system’s intended operation, which are then rigorously checked using verification techniques. They serve as benchmarks against which the system’s design and implementation are measured.
Context ∞ In the cryptocurrency domain, verification properties are crucial for ensuring the security and predictable behavior of smart contracts and blockchain protocols. News may report on the formal verification of critical code segments or discuss how certain properties, such as immutability or predictable gas costs, are being addressed or challenged. Establishing and validating these properties is fundamental to building trust and reliability in decentralized systems.