The new version Chat GPT-4 of OpenAI is capable of “auditing” smart contracts


The popularity of OpenAI’s ChatGPT artificial intelligence (AI) platform has reignited public interest due to its applicability in various fields, including blockchain technology. Former Coinbase director Conor Grogan has decided to put it to the test by detecting flaws in Ethereum (ETH) smart contracts.

He claimed that after inserting a live smart contract into GPT-4, the chatbot immediately identified many “security vulnerabilities” and described possible exploits for the code.

Curiously, Grogan confirmed that the contract in question was breached in 2018 using the flaws that the AI ​​tool was pointing out.leading numerous readers to speculate that he was only exposing issues that had already been publicly disclosed prior to his training data outage in September 2021 and that might not be as accurate with an undiscovered smart contract that has never been attacked before.

Analysis of the AI ​​bot, of which he posted screenshots, does seem to show that ChatGPT is capable of accurately identifying major issues and vulnerabilities, as it concluded that the analyzed smart contract should not be used because it has serious flaws and it is built on an illegal scheme.


Moreover, the latest version of the ChatGPT artificial intelligence chatbot is technically capable of performing many tasks that were not possible in previous versions.

The most recent version of GPT-4 is a large multi-modal model that recognizes image and text input and emits text output that, while less capable than humans in many real-world scenarios, demonstrate human-level performance on various professional and academic benchmarksaccording to information shared on March 14 by its creator, OpenAI.

Is able to pass baccalaureate and law exams with grades in the 90th percentile. They claim that the GPT-4 scores in the top 10% of exams and passes a mock bar exam, in contrast to the GPT-3.5, which scores in the bottom 10%.

“The difference comes to light when the complexity of the task reaches a sufficient threshold: GPT-4 is more reliable, creative, and capable of handling much more nuanced instructions than GPT-3.5,” they maintain from Open AI.

This artificial intelligence development of OpenAI is an indication that, ultimately, AI will help make smart contracts safer and easier to build, while it will protect the cryptocurrency market and its actors from being victims of scams or projects that throw the blanket; therefore, it will drive adoption in the long run.

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