Key Points:
Coinbase used ChatGPT to perform automated token reviews utilizing the platform’s ERC20 token review framework and compared the results with standard token security assessments.
The Blockchain Security team leverages in-house automation tools developed to assist security engineers in reviewing ERC20/721 smart contracts at scale.
Coinbase compared 20 smart contract risk scores between ChatGPT and a human security assessment, and ChatGPT produced the same results as a human assessment 12 times. But ChatGPT mistakenly marked high-risk assets as low-risk in five out of eight misses.
While ChatGPT is different from the exact standard to clearly demonstrate that it should be integrated into Coinbase’s content review process, it has shown enough potential for the platform to continue with further research.
The platform says once automated or intelligent processes can demonstrate the same level of accuracy as their existing processes, these tools will only be used as an aid, not an aid, not the main tool.
Conor Grogan, director of cryptocurrency trading platform Coinbase, has included an Ethereum contract directly into the latest version of the popular chatbot, GPT-4, and it has highlighted numerous security holes and areas surface area where smart contracts can be exploited, he said in a Twitter post on March 14.
Grogan posted a screenshot of the AI bot’s analysis, which seems to show that ChatGPT can pinpoint critical issues and vulnerabilities, as it concludes that the smart contract analyzed should not be used, as it contains serious vulnerabilities and is based on an illegal scheme.
Previous smart contract tests on the first version of ChatGPT were also able to detect code errors, but it only stopped to a certain extent.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Foxy
Coincu News
The crypto scene is constantly evolving, and certain currencies show significant promise for the upcoming…
While some altcoins like PEPE, XRP, ONDO, and PYTH may not show significant short-term growth,…
Ripple Trading Volume Increases 40% Quarterly Amid Ongoing SEC Lawsuit
Notcoin first campaigns will be launched next week, offering rewards but cautioning against unstaking.
LayerZero Labs wraps up LayerZero sybil self-report and identifies 803,093 potential fraudulent addresses.
The Coinbase outage was attributed to an error in the Coinbase Card reward service, causing…
This website uses cookies.