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Market News

ChatGPT-4 Helps to Detect Ethereum Smart Contract Flaws, say Bye to Auditing Firms

The new interaction of AI tools identified vulnerabilities in a smart contract exploited in 2018.

Written By:
Rajpalsinh

Last updated: March 15, 2023 1:06 PM
Published March 15, 2023 1:06 PM
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Last updated: March 15, 2023 1:06 PM
Published March 15, 2023 1:06 PM
ChatGPT-4 Helps to Detect Ethereum Smart Contract Flaws

The buzzing AI tool, ChatGPT created by OpenAI has today got its new iteration ‘GPT-4’, which is reportedly able to filter out security vulnerabilities and loopholes in Ethereum smart contracts. 

If this is true, the amalgamation of two cutting-edge technologies, AI, and blockchain would provide great aid to building sustainable web 3 projects like dApps, protocols, and so on.

Conor, director at Coinbase shared his experiment on Twitter, where he tested Ethereum smart contract through GPT-4. “In an instant, it highlighted a number of security vulnerabilities and pointed out surface areas where the contract could be exploited.”

Conor stated in a thread, “In an instant, it highlighted a number of security vulnerabilities and pointed out surface areas where the contract could be exploited.”

Also Read: PeckShield Reports about Emerging BingChatGPT Tokens

In addition to this, the GPT-4 can provide solutions to fix vulnerabilities present in the code.  

However, the opportunist could also use the AI tool to target already deployed smart contracts. Auditing firms could also lose their businesses in the wake of the AI revolution.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Ethereum (ETH)Smart Contracts
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By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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