🚨 Can A Smart Contract Be Upgraded *AFTER* Deployment On A Blockchain?
The answer is YES — and it’s a game-changer for Blockchain innovation!
🔍 Here’s what you need to know, inspired by groundbreaking research by Professor vladimiro sassone et al from the University of Southampton, UK 🇬🇧:
➡️ Tamper-Proof, Yet Evolving:
Smart contracts are designed to be tamper-proof, ensuring security and trust. However, like all software, they need maintenance — whether it’s fixing bugs or adding new features.
➡️ Challenges of Re-Deployment:
Deploying a new version of a smart contract each time can cause issues, such as migrating contract state or ensuring users connect to the latest version without delays.
➡️ The OpenZeppelin Solution: OpenZeppelin offers a framework to deploy upgradeable smart contracts using proxies — an intermediary that allows updates to the contract seamlessly and transparently for users.
📊 This research explores the security, cost, and performance of OpenZeppelin’s upgradeable patterns, and shows their growing adoption on Ethereum over the last four years.
✨ Innovation never stops — neither should smart contracts. By embracing upgradeable frameworks like OpenZeppelin, Blockchain continues to evolve, unlocking new possibilities in DeFi, dApps, and beyond.