Blockchain security challenges include vulnerabilities in smart contracts, consensus algorithm risks, and privacy concerns. Developers mitigate risks through code audits, formal verification, and bug bounty programs. Implementing secure coding practices and using frameworks like OpenZeppelin for smart contract development enhances resilience against attacks. Regular updates and community collaboration are crucial to addressing evolving threats in the blockchain ecosystem.
source:
https://www.blockchainappfactory.com/bitcoin-ordinals-marketplace-development
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