WEB3 SECURITY: IN-DEPTH

Summary from the TLDR Crypto newsletter

This post emphasizes the importance of smart contract security in web3. It explains what roles audits and bug bounty programs play in security and how they differ from each other. Auditing and community-based bug bounty programs are integral parts of the security process. Bug bounty programs attract cybersecurity experts to identify system vulnerabilities, while comprehensive audits root out inconsistencies and logical errors.