SYNTHESIS OF RECOMMENDATIONS FOR SMART CONTRACTS SECURE DEVELOPMENT REGARDING MAIN SECURITY WEAKNESSES

Abstract

This paper examines the most common smart contracts security issues included in the OWASP Smart Contract Top 10. The purpose of the study is to synthesize a set of recommendations that can help eliminate these key weaknesses or mitigate associated risks. The relevance of this research stems from the rapid development of Web3 technologies, particularly the expanding use of smart contracts. According to various estimates, this market is expected to grow at a CAGR of approximately 25% in the medium term. Furthermore, another factor contributing to the relevance of this topic in Russia is the lack of comprehensive regulation for this class of instruments, especially concerning security requirements and compliance verification. This paper proposes a smart contracts lifecycle model best suited to the research context, describing each stage with particular attention to its impact on security. Existing security weaknesses classifiers specific to smart contracts are identified, with a detailed review of the ten most common vulnerability classes. Based on this review, recommendations are provided to prevent these vulnerabilities or mitigate their associated risks. The findings can be applied by both smart contract developers and security auditors. Additionally, the presented materials contribute to the development of a methodological framework for addressing regulatory issues in the industry.