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Researchers Claim AI Can Resolve DeFi Smart Contract Issues

Researchers Claim AI Can Resolve DeFi Smart Contract Issues

Using Artificial Intelligence to Protect Smart Contracts

Smart contracts are vital to the blockchain industry, but they are vulnerable to cyberattacks that can result in substantial financial losses. To combat this, researchers have introduced “Lightning Cat,” a groundbreaking solution that leverages artificial intelligence (AI) to identify vulnerabilities in smart contracts.

The Power of Deep Learning

Unlike traditional analysis tools, Lightning Cat utilizes deep learning techniques to accurately flag potential issues. By training AI models on large datasets of vulnerable contracts, including CodeBERT, LSTM, and CNN models, Lightning Cat achieves superior detection performance.

CodeBERT: The Top Performer

The CodeBERT model stands out as the most effective in detecting vulnerabilities among static detection tools. With an impressive f1-score of 93.53%, it demonstrates a deep understanding of code syntax and semantics, making it a reliable blockchain auditor.

The Intersection of AI and Blockchain for Enhanced Security

The Lightning Cat initiative is part of a broader trend where AI and blockchain technologies converge to strengthen software security. Another example is an AI and blockchain-based decentralized software testing system that combines the power of deep learning with the transparency and reliability of blockchain technology.

A Faster and Secure Approach

This approach significantly accelerates vulnerability detection, proving particularly valuable in remote work scenarios. It incorporates the InterPlanetary File System (IPFS) for efficient data storage, providing a comprehensive solution for secure code development and testing in decentralized environments.

Hot Take: Protecting Smart Contracts with AI

With the rise of cyberattacks on smart contracts, it is crucial to employ advanced technologies like artificial intelligence to enhance security measures. Lightning Cat’s use of deep learning methods offers a promising solution by effectively identifying vulnerabilities in smart contracts. By leveraging AI models trained on extensive datasets, such as CodeBERT, LSTM, and CNN, Lightning Cat achieves superior performance in detecting potential issues. This convergence of AI and blockchain technology not only strengthens software security but also enables faster vulnerability detection, making it a valuable tool for remote work scenarios. As the blockchain industry continues to evolve, integrating AI into the protection of smart contracts will be essential.

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Researchers Claim AI Can Resolve DeFi Smart Contract Issues