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Good friend.tech, a decentralized social media platform working on Base’s Ethereum layer-2 chain, has been a big contributor to Base’s current development. Base is a safe, low-cost, builder-friendly Ethereum layer-2 chain designed by Coinbase to deliver the subsequent billion customers on chain. It has grow to be a favourite for DApp builders and early buyers on account of its excellent efficiency and the modern tasks it attracts.
Based on the newest knowledge, the platform has surpassed a million day by day lively customers and has a complete worth locked (TVL) exceeding $35 million. The platform permits customers to purchase “shares” of different customers to talk with them, emphasizing the idea that “Your community is your internet price.”
Nevertheless, this speedy development has additionally attracted cybersecurity threats, notably phishing assaults. These social engineering techniques have been a big concern within the Web3 sector, with losses already amounting to $650 million as of June 2023. Excessive-profile people like Mark Cuban and Vitalik Buterin have additionally fallen sufferer to such assaults. To mitigate these dangers, Good friend.tech strongly recommends its customers to make use of {hardware} wallets for enhanced asset safety.
In response to those safety challenges, CoolWallet, a {hardware} pockets maker that natively helps the Base ecosystem, has initiated a Web3 Guardian competitors. This marketing campaign goals to lift consciousness about its Web3 SmartScan function, which proactively screens all Web3 transactions and flags any malicious habits or sensible contract vulnerabilities. The SmartScan function is offered on the CoolWallet App and provides an added layer of safety in opposition to phishing makes an attempt.
To additional promote Web3 asset safety, CoolWallet is launching a worldwide competitors with beneficiant rewards for collaborating customers. The competitors goals to reinforce person safety consciousness and encourage using SmartScan for safer transactions. This transfer is especially well timed, given the growing variety of phishing assaults concentrating on not simply particular person customers but in addition high-profile personalities within the crypto house.
The Web3 Guardian competitors is predicted to attract important consideration, particularly amongst Good friend.tech customers who’re already involved about asset safety. The competitors is not going to solely provide rewards but in addition educate customers on the significance of transaction screening, a function that’s typically ignored however essential within the present panorama of frequent cyber assaults.
Picture supply: Shutterstock
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