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Open sourcing a contract enhances transparency by allowing community members and security experts to review the code directly. However, open source alone does not guarantee safety—it must be complemented by rigorous audits from reputable firms to detect vulnerabilities. A project with both open-source code and thorough audits tends to inspire greater confidence among users and investors. Additionally, ongoing monitoring and timely patching are vital to maintain security after deployment. If the contract is closed-source or lacks proper audits, investors face higher risks due to potential hidden flaws. Thus, openness combined with professional validation forms the foundation of trustworthy smart contract development.

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