Update (25 July, 2025 at 3:00 PM UTC): This article has been updated to add commentary by Shantanu Sontakke, security engineer at web3 security firm Zokyo Smart-contract developers and auditors told ...

For years, “code is law” served as the rallying cry of a new digital frontier — a promise that rules, once written, would enforce themselves like clockwork. In the early architecture of Web3, smart ...