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Adding pause functionality to secure Solidity smart contracts

Blog post from LogRocket

Post Details
Company
Date Published
Author
Steven Traykovski
Word Count
1,935
Language
-
Hacker News Points
-
Summary

The text discusses the security of smart contracts in Solidity, focusing on the implementation of a pause function to enhance protection against hacks and bugs. It highlights the importance of planning for security in blockchain projects, particularly when handling real money, as contract code on a blockchain is immutable and cannot be taken offline during an attack. The article uses a Solidity lottery smart contract as an example, explaining the benefits and potential drawbacks of pausing functions, such as protecting public functions like buying tickets or finalizing winners, and preventing speculative behavior during initial coin offerings. It outlines three methods for implementing pause functionality: the global Boolean variable method, the Pausable.sol method from OpenZeppelin, and a global Boolean variable with pause control, each with its own use cases and implications for consumer trust. The author emphasizes the necessity of considering potential vulnerabilities and security measures before launching a project to safeguard against future issues.