Upgradeable Proxy

An upgradeable proxy is a smart contract pattern that lets code be changed after deployment. A fixed proxy address holds the data, while a separate logic contract can be swapped for a new version.

Related Terms

  • Reentrancy

    Reentrancy is a smart contract vulnerability where an external call lets another contract call back in before the first call finishes. Attackers use it to act on stale state, often withdrawing funds repeatedly.

  • Security Audit

    A security audit is a structured review of systems, code, configuration or processes against a defined standard. It produces findings showing where security falls short and how to fix it.

  • Multisig

    A multisig is a crypto wallet that needs approval from several keys before a transaction can go through, such as any three of five signers. It removes the single point of failure of one private key.

  • Smart Contract

    A smart contract is a program deployed on a blockchain that runs exactly as written whenever it is called. It can hold and move digital assets according to its own rules, without an intermediary.

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