Design Flaw Attack

A deceptive system set up by mischievous but gifted developers and users who intentionally design frameworks with smart contracts to trick other users.

A design flaw attack is an extensive system that includes the majority of the offerings of blockchain technology and decentralized financial frameworks. However, the user’s intention is not to contribute to the ease of doing business or remove traditional hurdles in the traditional economic system. Instead, the entire system is designed to trick other users into parting with funds. For the most part, a design flaw attack occurs because of a gap in a smart contract that opens up inattentive users to vulnerable attacks.

Design flaw attacks are common with hastily compiled smart contracts. Thus, they serve as warnings for inexperienced newcomers to the world of blockchains and cryptocurrencies.

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