11.1 Technical Risks and Response Policies
There are always technical risks to smart contracts, wallets, and DApps components in Web3.
Potential Risks:
Bugs and vulnerabilities in smart contracts
Wallet hacks and unauthorized access
Data integrity risks from off-chain integrations
Mitigation Strategies:
Conduct external audits (Audit) of smart contracts
Implement system updates in stages and make testing in a verification environment mandatory
Emergency response operation system in case of major problems Develop emergency response operation system in case of major problems
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