Editor's Note: Recently, Web3 security infrastructure provider GoPlus launched the world's first chain-native security firewall, GSM (GoPlus Security Module), successfully deploying a test version on the BNB Chain. Rhythm's editors conducted an in-depth interview with the project's core team to unveil the innovative technology that could potentially reshape the Web3 security landscape.
"In the world of Web3, every transaction feels like walking in the dark — users never know where the next threat might come from."
This somber reflection comes from a seasoned blockchain security researcher when discussing the current state of Web3 security. Indeed, from the Orbit Bridge exploit earlier this year, which resulted in losses of tens of millions of dollars, to countless phishing scams, security issues remain the "Achilles' heel" of this rapidly growing industry.
However, the GSM security module introduced by GoPlus, as a next-generation "on-chain security firewall," might redefine Web3 security standards.
At the start of the interview, the journalist posed this question to the GoPlus team.
"Current Web3 security solutions are like installing a burglar-proof door on a house — it adds a semblance of security, but clever thieves always find another way in," explained one security architect, "What we need is to integrate the security system during the building process itself."
According to data from Chainalysis, hacking and scams within the crypto space are projected to cause significantly greater losses in 2025 compared to 2024, where figures have already surpassed $9.9 billion. Traditional wallet plugins and API-based solutions often fall short in mitigating these evolving threats.
The core innovation of GSM lies in embedding security mechanisms directly into blockchain nodes for the first time.
"It's like giving the blockchain an immune system," the project lead explained, "It identifies and neutralizes threats before they can cause harm. GSM security modules embed the capability of 'assessing safety' directly on-chain, enforcing security measures right 'before the user clicks.' It’s no longer about damage control after the fact. It even goes a step further. If the user makes a wrong interaction, pre-configured risk management options can still safeguard their assets."
Initial testing of GSM on the BNB Chain has delivered impressive results:
· Detection success rate of 97% across 100 historical attack transactions
· Theoretically capable of preventing over $22 million in asset losses
· Adds only 40 milliseconds of latency per transaction
· Remains stable under high-pressure 1000 TPS scenarios
"These figures prove that GSM has successfully struck a balance between security and performance," said a participating node operator during the testing.
Compared to traditional security solutions, GSM introduces three key breakthroughs:
"Once deployed on nodes, GSM becomes an inseparable part of the blockchain network," emphasized the technical lead, "which means attackers can't bypass it like they would with wallet plugins."
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.
During a demonstration test, GSM successfully intercepted a simulated phishing attack, completing the process in mere milliseconds.
Users can enable/disable protection, customize security policies, and set risk preferences, placing full control in their hands.
Many industry experts believe the advent of GSM marks a new era of Web3 security.
"This is an important step for Web3 as it transitions from a 'wild jungle' to a 'civilized society,'" commented the head of security from a prominent trading platform.
According to reports, several major public chains, wallets, and DeFi projects are already evaluating GSM integration. "Security is no longer optional; it is infrastructure," stated a representative from a project team.
Despite its promising prospects, GSM's adoption still faces challenges. The real hurdle lies in shifting the mindset—making the industry prioritize "proactive transaction security."
However, they are confident that GSM's launch will drive the standardization of "security firewalls" and pave the way for scalable applications in Web3 security.
According to Blocknative's prediction, the blockchain security market size will exceed $50 billion by 2025.
At the end of the interview, a core developer summarized it like this: "The GSM launched by GoPlus is not just a security tool; it is also a necessary pathway for the blockchain world to achieve widespread adoption. Only with truly secure on-chain transactions for users can the vision of Web3 be realized."
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