Smart contracts are a foundational element of blockchain technology, but they're not immune to vulnerabilities. Ensuring the security of these contracts is of paramount importance. Enter Securify2, a powerful tool designed to identify vulnerabilities in Ethereum smart contracts. 

What is Securify2 ?

Securify2 is a GitHub repository containing an open-source security analysis tool for Ethereum smart contracts. Its primary objective is to automatically identify security vulnerabilities and issues in Ethereum smart contracts. The tool utilizes static analysis techniques to scan smart contract code and pinpoint potential vulnerabilities that could be exploited by malicious actors.

Why is Securify2 Required?

Smart Contract Security: 

As the adoption of blockchain technology grows, securing smart contracts becomes crucial to protect assets and ensure the integrity of decentralized applications.

Vulnerability Identification: 

Securify2 helps developers and auditors identify vulnerabilities early in the development process, reducing the risk of contract exploits.

Automation: 

Manual code reviews are time-consuming and error-prone. Securify2 automates the process, making it more efficient and reliable.

Open-Source Collaboration: 

The open-source nature of Securify2 encourages collaboration among security experts, developers, and researchers to continuously improve Ethereum contract security.

How to Install Securify2:

Prerequisites

The following instructions assume that a Python is already installed. In addition to that, Securify requires solc, souffle and graphviz to be installed on the system:

Solc

sudo add-apt-repository ppa:ethereum/ethereum
sudo apt-get update
sudo apt-get install solc

Souffle

Follow the instructions here: https://souffle-lang.github.io/download.html

Please do not opt for the unstable version since it might break at any point.

Graphviz / Dot

sudo apt install graphviz

Setting up the virtual environment

After the prerequisites have been installed, we can set up the python virtual environment from which we will run the scripts in this project.

In the project's root folder, execute the following commands to set up and activate the virtual environment:

virtualenv --python=/usr/bin/python3.7 venv
source venv/bin/activate
Verify that the python version is actually 3.7:
python --version
Set LD_LIBRARY_PATH:
cd <securify_root>/securify/staticanalysis/libfunctors
export LD_LIBRARY_PATH=$LD_LIBRARY_PATH:`pwd`

Finally, install the project's dependencies by running the following commands from the <securify_root> folder:

pip install --upgrade pip
pip install -r requirements.txt
pip install -e 

Now you're ready to start using the securify framework.

Remember: Before executing the framework's scripts, you'll need to activate the virtual environment with the following command:

source venv/bin/activate

How Securify2 Works:

Securify2 operates by leveraging static analysis techniques to examine Ethereum smart contract code:

Code Analysis: 

The tool parses and analyzes smart contract code to identify potential vulnerabilities based on predefined security rules and patterns.

Vulnerability Detection: 

Securify2 identifies and categorizes vulnerabilities, such as reentrancy issues, integer overflows, and more.

Report Generation: 

After analysis, Securify2 generates a detailed report highlighting the identified vulnerabilities, providing information to developers for remediation.

Security Guidance: 

The tool often provides recommendations or guidance on how to fix the identified vulnerabilities to enhance the security of the smart contract.

Follow this blogs and video for more information about Securify2:

eth-sri/securify2: Securify v2.0 (github.com)
Release of Securify v2.0. We are happy to announce Securify v2.0… | by Petar Tsankov | ChainSecurity | Medium

Securify2 - Open Source Agenda

Securify2 (awesomeopensource.com) 

FAQ regarding Securify2:

Q1: Is Securify2 free to use?

A1: Securify2 offers both free and paid plans. The free plan provides limited usage, while the paid plans offer additional features and higher usage limits.

Q2: Does Securify2  support other blockchain platforms besides Ethereum?

A2: Securify2 primarily supports Ethereum smart contract security analysis. However, it's possible that support for other platforms may be added in the future.

Q3: Can Securify2 guarantee 100% security for smart contracts?

A3: While Securify2  is a powerful security analysis tool, it does not guarantee absolute security. It helps identify potential vulnerabilities and offers guidance for mitigation, but developers should still perform manual audits and follow best practices.

Q4: Can Securify2 be integrated into Continuous Integration (CI) pipelines?

A4: Yes, Securify2 can be integrated into CI pipelines, enabling automated security analysis during the development and deployment process.