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

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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.

Author – Contributor at Lolacoin.org | Website

Demian Crypter emerges as a true luminary in the cosmos of crypto analysis, research, and editorial prowess. With the precision of a watchmaker, Demian navigates the intricate mechanics of digital currencies, resonating harmoniously with curious minds across the spectrum. His innate ability to decode the most complex enigmas within the crypto tapestry seamlessly intertwines with his editorial artistry, transforming complexity into an eloquent symphony of understanding. Serving as both a guiding North Star for seasoned explorers and a radiant beacon for novices venturing into the crypto constellations, Demian’s insights forge a compass for informed decision-making amidst the ever-evolving landscapes of cryptocurrencies. With the craftsmanship of a wordsmith, they weave a narrative that enriches the vibrant tableau of the crypto universe.