Ethereum Smart Contracts: Best Practices

Published on July 30, 2024 • Ethereum Wall Blog
Illustration of Ethereum smart contracts concept

Smart contracts are the foundation of Ethereum-based applications, including blockchain advertising platforms like Ethereum Wall. But with great power comes great responsibility—poorly written contracts can result in exploits, gas inefficiency, or even permanent fund loss.

1. Prioritize Security First

The most important rule in smart contract development is to never underestimate vulnerabilities. Common pitfalls include:

Use tools like Slither, MythX, and OpenZeppelin Defender to scan your code.

2. Keep It Simple and Modular

Avoid bloated logic and giant contracts. Instead, separate responsibilities into smaller components. This improves readability, testability, and reusability.

Use abstract contracts, interfaces, and libraries to encapsulate logic (especially for math, access control, and ERC standards).

3. Minimize Gas Consumption

Every write to the blockchain costs gas. With Ethereum Wall, our contract is designed to minimize writes while enabling ad updates with a single call.

4. Protect Access with Modifiers

Always use access control (e.g., onlyOwner) for functions that modify state. Without it, anyone could update data, drain funds, or hijack functionality.

Use well-tested libraries like OpenZeppelin Ownable for permission management.

5. Test and Simulate Before Deploying

Use frameworks like Hardhat or Foundry to simulate contract behavior in local testnets. Write tests that cover:

6. Document and Version Your Contracts

Include NatSpec comments to make your code self-documenting. Use semantic versioning to track contract evolution and avoid incompatibilities when upgrading.

7. Avoid Unnecessary Complexity

Complex logic can introduce subtle bugs and increase gas usage. Keep conditionals straightforward and avoid deeply nested structures.

Conclusion

Smart contract development is not just about writing code—it’s about writing resilient, secure, and efficient code. Whether you’re deploying a DeFi protocol or managing ad space on Ethereum Wall, following these best practices will save you gas, avoid exploits, and build user trust.

Try Ethereum Wall and see secure contracts in action powering real blockchain advertising.