Why Upgradable Smart Contract is dangerous ?
Smart contracts are immutable or data on blockchain is immutable. We know that once contract is deployed we can’t change the code. That’s how we build trust less systems right?Good for developers ?Developers are humans, they make mistakes. Even though people put lot of efforts in testing and auditing bugs will be there. Someone might miss something sometime. So we might ship smart contract full of bugs. People might start using it. As we can’t update smart contract because of immutability, it...
Why Upgradable Smart Contract is dangerous ?
Smart contracts are immutable or data on blockchain is immutable. We know that once contract is deployed we can’t change the code. That’s how we build trust less systems right?Good for developers ?Developers are humans, they make mistakes. Even though people put lot of efforts in testing and auditing bugs will be there. Someone might miss something sometime. So we might ship smart contract full of bugs. People might start using it. As we can’t update smart contract because of immutability, it...
