Contract Verification

Contract verification refers to auditing or verifying smart contract codes before deploying them on the blockchain. This process helps to prevent users or developers from accessing malicious or insecure projects or contracts.

Contract verifiers (or auditors) usually verify and analyze contract codes thoroughly for potential bugs or vulnerabilities which could hamper the project in the future. Users can also verify contract codes to avoid falling for phished projects. Contract verification could be done with automated tools, independent auditors, or cybersecurity experts.