Description
Firewall is a pioneering web3 project dedicated to bolstering user security and privacy within the cryptocurrency domain, specifically on the Ethereum blockchain. Its flagship offering is a smart contract-based service that safeguards Ethereum transactions against MEV (Miner Extractable Value) attacks such as front-running, back-running, and sandwich attacks. These attacks exploit the transaction order, undermining the integrity and security of trades. Firewall’s innovation lies in its mechanism that integrates with Ethereum transactions, providing a defensive layer against these exploitative tactics, thus ensuring transactional security and privacy. Expanding its horizon, Firewall addresses the critical challenge of smart contract security, positing itself as a key player in crypto's journey towards mainstream adoption. It envisions creating a fraud-free and exploit-free environment with an optimistic security solution that heralds a new evolution of consensus. By redefining “invalid state transitions” to include smart contract exploits and leveraging a unique attestation or fault proof similar to optimistic rollups, Firewall is not just a security measure but a necessary infrastr...
Firewall is a pioneering web3 project dedicated to bolstering user security and privacy within the cryptocurrency domain, specifically on the Ethereum blockchain. Its flagship offering is a smart contract-based service that safeguards Ethereum transactions against MEV (Miner Extractable Value) attacks such as front-running, back-running, and sandwich attacks. These attacks exploit the transaction order, undermining the integrity and security of trades. Firewall’s innovation lies in its mechanism that integrates with Ethereum transactions, providing a defensive layer against these exploitative tactics, thus ensuring transactional security and privacy. Expanding its horizon, Firewall addresses the critical challenge of smart contract security, positing itself as a key player in crypto's journey towards mainstream adoption. It envisions creating a fraud-free and exploit-free environment with an optimistic security solution that heralds a new evolution of consensus. By redefining “invalid state transitions” to include smart contract exploits and leveraging a unique attestation or fault proof similar to optimistic rollups, Firewall is not just a security measure but a necessary infrastructure aimed at redefining global financial systems through crypto. The project is spearheaded by founders with a rich pedigree in crypto and startup ecosystems, having significant roles at Staked—a notable crypto startup, indicating a deep well of experience and connections to propel Firewall towards its ambitious goals. Through its focus on eliminating vulnerabilities in decentralized finance (DeFi) and cryptocurrency transactions, Firewall is poised to enhance trust, safety, and the overall integrity of interactions on the blockchain, making it a linchpin in the advancement towards secure, decentralized financial systems.
