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What are the most common coding mistakes to avoid when developing smart contracts for digital currencies?

avatarDavenport EnglishDec 26, 2021 · 3 years ago1 answers

When developing smart contracts for digital currencies, what are some of the most common coding mistakes that should be avoided?

What are the most common coding mistakes to avoid when developing smart contracts for digital currencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a developer at BYDFi, I can say that one of the most common coding mistakes to avoid when developing smart contracts for digital currencies is not properly handling token transfers. When transferring digital currencies within a smart contract, it's important to follow the correct syntax and ensure the accuracy of the transfer amounts. Failing to do so can result in the loss of funds or unexpected behavior. It's crucial to thoroughly test and validate token transfers within the smart contract to prevent any potential issues. Additionally, not properly securing sensitive data within the smart contract can also be a critical coding mistake. It's important to implement proper encryption and access control mechanisms to protect sensitive information from unauthorized access or manipulation.