Revealing to readers this innovative technology that could change the security landscape of Web3.
Editor’s Note: Recently, Web3 security infrastructure provider GoPlus launched the world's first chain-native security firewall, GSM (GoPlus Security Module), which has been successfully tested and deployed on the BNB Chain.
"In the Web3 world, every transaction feels like walking in the dark; users never know where the next threat will come from."
This is a sentiment expressed by a seasoned blockchain security researcher when discussing the current state of Web3 security. Indeed, from the multi-million dollar hack of Orbit Bridge earlier this year to countless phishing scams, security issues in Web3 remain a "fatal flaw" in this rapidly developing industry.
However, the GSM security module launched by GoPlus, as a new generation of "on-chain security firewall," may reshape Web3 security standards.
"Why are current security solutions inadequate?"
At the beginning of the interview, the reporter posed this question to the GoPlus team.
"Current Web3 security solutions are like adding a security door to a house; they superficially increase security, but clever thieves always find other ways to break in," a security architect vividly explained. "What we need is to integrate the security system into the construction of the house itself."
According to predictions from Chainalysis, losses from cryptocurrency-related hacks and scams are expected to surge in 2025 compared to 2024, when this figure has already exceeded $9.9 billion. Traditional wallet plugins and API interface solutions are proving inadequate in preventing these attacks.
GSM: Redefining Blockchain Security
The core innovation of GSM lies in its ability to embed security mechanisms directly into blockchain nodes for the first time.
"It's like giving the blockchain an immune system," the project leader explained to the reporter. "It identifies and blocks dangers before they can cause harm. The GSM security module can embed the ability to 'determine safety' on-chain, ensuring security 'just before the user clicks,' rather than being reactive after an incident. It can even go a step further; even if a user clicks on a wrong interaction, it can protect assets based on pre-set risk control options."
Data shows that GSM performed remarkably in actual tests on the BNB Chain:
A detection success rate of 97% for 100 historical attack transactions
Theoretically preventing over $22 million in asset losses
Only adding a 40-millisecond delay per transaction
Maintaining stability under 1000 TPS high pressure
"These data prove that GSM successfully addresses the balance between security and performance," stated a node operator who participated in the testing.
Paradigm Shift in On-Chain Security
Compared to traditional security solutions, GSM brings three key breakthroughs:
- Non-bypassability
"Once deployed on a node, GSM becomes an inseparable part of the blockchain network," the technical director emphasized. "This means attackers cannot bypass it like they can with wallet plugins."
- Decentralized Verification
GSM's security rules are based on on-chain data and do not rely on centralized servers, fully aligning with the core principles of Web3.
- Real-time Protection
In the reporter's demonstration test, GSM successfully intercepted a simulated phishing attack, completing the entire process in milliseconds.
- User-Driven Users can turn protection on/off and customize security policies and risk preferences, fully empowering them.
Application Prospects and Industry Impact
Many industry experts believe that the emergence of GSM marks a new phase in Web3 security.
"This is an important step for Web3 from the 'primitive jungle' to 'civilized society,'" commented a security head from a well-known exchange.
The reporter learned that several mainstream public chains, wallets, and DeFi projects are evaluating the integration of GSM. "Security is no longer optional; it is infrastructure," stated a representative from a project.
Challenges and Outlook
Despite the bright prospects, the promotion of GSM still faces challenges. The real difficulty lies in the shift in mindset—encouraging the entire industry to prioritize "proactive security before transactions."
However, they believe that the launch of GSM will drive the standardization of "security firewalls," opening the door to large-scale applications of Web3 security.
According to Blocknative, the blockchain security market is expected to exceed $50 billion by 2025.
Conclusion
At the end of the interview, a core developer summarized: "The GSM launched by GoPlus is not just a security tool; it is a necessary path for the blockchain world to achieve large-scale applications. Because only by ensuring truly secure on-chain transactions for users can the vision of Web3 be realized."
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