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January 1, 2024Ā· Procedia Computer Science
conference-paper
Open access

Penetration Testing Analysis: Impact on Smart Contract Market Value

Abstract

This study focuses on specifically looking at how penetration testing affects the market value of smart contracts. This study uses a web-based IDE to deploy smart contracts, and it performs penetration testing utilizing reentrancy and delegatecall attacks. The targeted smart contract is exposed to potential exploitation as a result of the assaults' successful implementation. This study shows that penetration testing indirectly affects token prices since incorrect parameter selection and successful attacks might cause changes in token prices. The results emphasize how critical it is to find and fix smart contract vulnerabilities in order to reduce risks and potential losses.

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