Samczsun, founder of Security Alliance, has emphasized the need for annual audits of smart contracts to enhance security measures. He argues that while code audits, formal verification, and bug bounties are important, they are insufficient to prevent attacks. Samczsun highlighted that higher bounties do not necessarily equate to improved security, and audit reports can quickly become obsolete as protocols evolve. He advocates for annual re-audits to be standard practice by 2026 to ensure ongoing contract security.
Samczsun Calls for Annual Smart Contract Audits by 2026
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