Upgradable Blockchain Smart Contracts using ZeppelinOS

Smart Contracts immutability has taken the Blockchain to the whole new level, with trustless systems now can be trusted. But it also has brought huge complexities and risk involved with investor money. A Smart Contract once deployed is immutable, so whenever a hack happens, it’s almost impossible to fallback or retreat with a patch and many a times its not likely that an action can be propagated immediately to all.

We have seen many hacks, majorly DAOHack that has shaken the Crypto from the ground up.

While all this was happening, a company called Zappelin was working under the radar on a concept called Upgradable Smart Contracts. It’s not the only product they have, they also have extreme community vetted Smart Contract libraries. But, Upgradable Smart Contracts is a revolutionary thought and product that will change forever the way we see and work with Smart Contracts. We can say, its the future now product.

Let’s meet to discuss what is Upgradable Smart Contract and how it solves the current existing problems around immutable Smart Contracts.