Poloniex hacker lost $2,500,000 to a known ERC-20 security flaw that I disclosed in 2017

I’m involved in smart-contracts security for ~8 years now (since the DAO hack). Have been an auditor, a CTO of an auditing organization and a hacker.

I’m very skeptical about formal verification. It is not possible to “formally verify” the correctness of the logic in any sensible way.

As for compilers & solidity - I think that the development of solidity was a mistake. It would be much better to take an already-existing programming language with existing and time-tested toolchain instead of developing a whole new one just for smart-contracts.

Here is my article about the new languages for contracts New programming language for smartcontract is a mistake | EOS Go Blog

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