logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Industry

Empowering Smart Contracts: ChatGPT's Role with Security Caution

By James Dean
Feb 21, 2024
4 
★
★
★
★
★
★
★
★
★
★
 274 User Rating
Share

Recent research conducted by two scholars from Salus Security, a blockchain security firm operating across North America, Europe, and Asia, showcases the capabilities of GPT-4 in parsing and auditing smart contracts. While artificial intelligence (AI) proves adept at generating and analyzing code, caution is advised against solely relying on it as a security auditor.

The study underscores that while GPT-4 can serve as a valuable asset in smart contract audits, particularly in tasks like code parsing and offering vulnerability hints, it falls short in comprehensive vulnerability detection. Despite its potential, the AI is unable to fully replace professional audit tools and the expertise of experienced auditors.

Salus researchers employed a dataset comprising 35 smart contracts, referred to as the SolidiFI Benchmark Vulnerability Library, containing a collective tally of 732 vulnerabilities. This dataset served as the basis for evaluating GPT-4's efficacy in identifying potential security risks across seven prevalent vulnerability types.

Results indicate that ChatGPT demonstrates proficiency in detecting genuine positives, or actual vulnerabilities meriting further investigation outside of controlled test environments, achieving a test accuracy of over 80%. However, the AI exhibits a notable issue in producing false negatives, as reflected in its low recall rate, which in the Salus team's experiments plummeted to as low as 11% for GPT-4.

Consequently, the researchers assert that GPT-4's vulnerability detection capabilities are deficient, with a maximum accuracy rate of only 33%. Hence, they advocate for the continued utilization of dedicated audit tools and the indispensable involvement of human expertise in smart contract audits until AI systems like GPT-4 can bridge this gap.

In summary, while GPT-4 can play a supportive role in smart contract audits, particularly in tasks such as code parsing and offering vulnerability hints, it should be employed in tandem with other audit methods and tools to enhance overall accuracy and efficiency in auditing endeavors.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • Microsoft cancels Bing waitlist, lets users use GPT-4 for free

    Microsoft cancels Bing waitlist, lets users use GPT-4 for free

    Microsoft recently announced a host of new artificial intelligence (AI) features for its Bing chatbot and Edge web browser. Chief among these changes is that Bing users now have full access to the GPT-4 model the same underlying engine that powers ChatGPT's “Plus” subscription service.
    Jerry McNeill
    Feb 7, 2025
  • Apple's Private GPT AI: No Public Release Yet

    Apple's Private GPT AI: No Public Release Yet

    According to recent reports, Apple is said to be developing its own Generative Pre-Trained Transformer (GPT) artificial intelligence (AI) model, internally known as "Ajax."
    Jerry McNeill
    Dec 27, 2024
  • Aging ChatGPT: Unveiling the Study Results on Its Abilities

    Aging ChatGPT: Unveiling the Study Results on Its Abilities

    Researchers at Stanford University and the University of California, Berkeley conducted a study on OpenAI's AI chatbot, ChatGPT,
    Craig Green
    Dec 27, 2024

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
DAPPOS
DAPPOSDOS

$0.4083

+716.66%
Superfortune
SuperfortuneGUA

$0.0633

+77.31%
Lobster
Lobster龙虾

$0.0287

+45.10%
Test
TestTST

$0.0214

+35.55%
Grvt
GrvtGRVT

$0.3586

+21.15%

Top Trending

View more
Sandisk
SandiskSNDK

$1,253.96

+2.77%
Lobster
Lobster龙虾

$0.0287

+45.36%
Superfortune
SuperfortuneGUA

$0.0632

+76.98%
SK Hynix
SK HynixSKHYB

$137.230

-1.39%
SK Hynix Inc
SK Hynix IncSKHYNIX

$1,003.52

-1.71%

Recently added

View more
STONK
STONKSTONK

$0.008083

+10.21%
BitMine Immersion Technologies
BitMine Immersion TechnologiesBMNRB

$18.4200

-3.31%
AST SpaceMobile
AST SpaceMobileASTSB

$71.1000

-3.09%
Astera Labs
Astera LabsALABB

$333.660

-2.35%
Credo Technology
Credo TechnologyCRDOB

$256.620

+0.72%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com