Blockchain technology has revolutionized how we approach digital transactions and data security. Its decentralized nature, transparency, and immutability offer a promising alternative to traditional centralized systems. However, as with any technology, cybersecurity in blockchain networks presents a unique set of challenges. Understanding these challenges is crucial to ensure that blockchain remains secure and resistant to …
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Role of Smart Contracts in DeFi Security
It has been seen as steeply trending in life-changing scenarios in the development of decentralized finance as compared to traditions in finance. Smart contracts, as a technology driving automated and trustless transactions on blockchain involvement, have served as a pulling industry for turning toward DeFi. However, as the use of decentralized finance and smart contracts …
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