This podcast focuses on smart contracts, their design, and their role in decentralised applications (DApps). The chapter provides a detailed explanation of smart contract concepts, addressing common misconceptions, exploring various design models, and highlighting the importance of code, auditing, and compliance. The text further dives into the Solidity programming language, its design choices, and the nuances of its syntax, features, and limitations. The chapter concludes by examining a real-world example – the Parity wallet hack – to illustrate potential vulnerabilities in smart contract design and the need for rigorous auditing.

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