Securing Your Smart Contracts: EIP 173 and the Contract Ownership Standard

EIP 173 is a standard that defines an interface for smart contract ownership. It specifies two functions: owner() and transferOwnership(). The owner() function returns the address of the current owner of the contract, and the transferOwnership() function allows the owner to transfer the ownership to another address. By implementing this standard, smart contract developers can ensure that their contracts have a clear and consistent way to handle ownership changes and avoid potential disputes or attacks.


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