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OpenAI, led by Sam Altman, introduces ‘EVMbench’ to evaluate AI’s effectiveness in securing cryptocurrency smart contracts.
Developed in collaboration with Paradigm, this tool represents OpenAI’s effort to assess whether contemporary AI systems can assist in preventing smart contract issues.
Key points:
- OpenAI is advancing its involvement in crypto security with the introduction of EVMbench, a new framework intended to evaluate how effectively artificial intelligence can comprehend and potentially safeguard smart contracts on blockchains.
- Once deployed, smart contracts are generally immutable, and any vulnerabilities can be consequential.
- EVMbench represents OpenAI’s effort to ascertain whether modern AI technologies can assist in mitigating such problems.
OpenAI is making strides in crypto security with the rollout of EVMbench, a fresh testing framework aimed at assessing the capability of artificial intelligence to understand and potentially secure smart contracts on Ethereum and comparable blockchains.
Smart contracts, which are self-executing codes deployed on platforms like Ethereum, form the foundation of decentralized exchanges, lending protocols, and a diverse array of on-chain financial applications. Given that these contracts are usually immutable after deployment, any vulnerabilities can have serious implications.
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EVMbench serves as OpenAI’s initiative to verify whether contemporary AI systems can effectively aid in preventing those issues. Developed in partnership with the crypto investment firm Paradigm, this benchmark utilizes real-world smart contract vulnerabilities identified through audits and security competitions.
The framework evaluates performance across three fundamental capabilities: detecting security bugs, exploiting these bugs within a controlled setting, and remedying the vulnerable code without compromising the contracts.
OpenAI aims to create a clear benchmark for assessing AI systems in the realm of blockchain security, particularly as decentralized finance continues to safeguard billions of dollars in user assets. The importance of smart contracts is only increasing.
“Smart contracts routinely secure over $100 billion in open-source crypto assets. As AI agents enhance their ability to read, write, and execute code, it is crucial to evaluate their performance in economically significant contexts and to promote the defensive use of AI systems for auditing and reinforcing deployed contracts,” OpenAI stated in a blog entry.
Read more: Most Influential: Sam Altman
