The popular AI tool ChatGPT, developed by OpenAI, has now received a new version called “GPT-4” that is supposedly able to identify security flaws and gaps in Ethereum smart contracts.

If so, the combination of two cutting-edge technologies, blockchain and AI, might be very helpful in creating long-lasting web 3 initiatives, such as protocols and dApps.

Conor, director at Coinbase shared his experiment on Twitter, where he tested Ethereum smart contract through GPT-4. “In an instant, it highlighted a number of security vulnerabilities and pointed out surface areas where the contract could be exploited.”

I dumped a live Ethereum contract into GPT-4.
In an instant, it highlighted a number of security vulnerabilities and pointed out surface areas where the contract could be exploited. It then verified a specific way I could exploit the contract pic.twitter.com/its5puakUW
— Conor (@jconorgrogan) March 14, 2023

It immediately revealed a lot of security flaws and surface areas where the contract might be attacked, according to Conor in a thread.

Moreover, the GPT-4 may provide fixes for any code flaws that may be present.

The opportunist might, however, also use the AI technology to target smart contracts that have already been put into use. With the AI revolution, auditing companies can see their clientele decline.