“Verified” on Etherscan ≠ Bulletproof: Rethinking Smart Contract Verification for Security and Risk Management

A common misconception among Ethereum users and developers is that a contract marked “Verified” on a blockchain explorer is mechanically safe or audited. That shorthand—verified source code equals safety—has become a heuristic, but it obscures important differences between transparency, formal assurance, and operational trust. This article argues for treating verification as a practical instrument for …

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