In short: In theory, they are completely transparent with no backdoors, but developers may intentionally or accidentally leave vulnerabilities that function like backdoors.
The simplest analogy:
A smart contract is like a transparent vending machine:
1. Code is fully public: Everyone can see exactly how every gear (line of code) operates inside. 2. Rules cannot be tampered with: Once launched, no one (including the developer) can change the rules mid-way.
But “backdoors” can still exist if:
· Deliberately left during design: For example, the developer secretly embeds a switch in the code that lets only themselves take all the money. · Bugs that act as backdoors: If there’s a flaw in the code and a hacker finds and exploits it, the effect is similar to a backdoor. · Excessive privileges: The contract allows a certain address (such as the developer) to have too much control.
Key points:
· Blockchain transparency makes it difficult to hide malicious code. · The main risks come from: not thoroughly reviewing the code, or trusting developer privileges too much. · Before using, choose contracts that have undergone professional audits.
Summary: Blockchain technology itself eliminates hidden backdoors, but “human” factors (malicious design, negligence, centralized control) can introduce risks similar to backdoors.
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大唐西京
· 12-09 01:35
Bitcoin has no backdoor, and its offspring certainly have no backdoor either.
View OriginalReply0
大唐西京
· 12-09 00:19
Ethereum has its own decentralized exchange, Uniswap, which has also produced several tokens with ten-thousand-fold returns. The decentralized exchange for Bitcoin, Inswap, has just launched its mobile version not long ago. Stop playing with those meme coins and worthless tokens with smart contracts—Bitcoin’s offspring are about to achieve great things!
$ETH About "Do smart contracts have backdoors?"
In short: In theory, they are completely transparent with no backdoors, but developers may intentionally or accidentally leave vulnerabilities that function like backdoors.
The simplest analogy:
A smart contract is like a transparent vending machine:
1. Code is fully public: Everyone can see exactly how every gear (line of code) operates inside.
2. Rules cannot be tampered with: Once launched, no one (including the developer) can change the rules mid-way.
But “backdoors” can still exist if:
· Deliberately left during design: For example, the developer secretly embeds a switch in the code that lets only themselves take all the money.
· Bugs that act as backdoors: If there’s a flaw in the code and a hacker finds and exploits it, the effect is similar to a backdoor.
· Excessive privileges: The contract allows a certain address (such as the developer) to have too much control.
Key points:
· Blockchain transparency makes it difficult to hide malicious code.
· The main risks come from: not thoroughly reviewing the code, or trusting developer privileges too much.
· Before using, choose contracts that have undergone professional audits.
Summary: Blockchain technology itself eliminates hidden backdoors, but “human” factors (malicious design, negligence, centralized control) can introduce risks similar to backdoors.
——Source: “In-depth Exploration”