NFT Protect

🛡️ NFT Protect has been selected for Gitcoin Grants 20! Every contrubution you make is amplified by a matching pool. No donation is too small to make digital assets market a safer place! Support us and help us build NFT Protect: explorer.gitcoin.co/#/round/42161/… #GG20 #gitcoin

«There is a market opportunity to write user-facing software that would protect users' interests by interpreting and identifying dangers in the online world that the user is navigating» That’s the reason, why we are building Ai Lawyer for Decentralized Dispute Resolution!

🌟 Over 20 teams joined us, and 5 presented their projects live today! 🔐 NFT Protect: A solution for asset security, safeguarding digital assets from theft and private key compromise. It uses Kleros for arbitration. @NFTprotectapp 💡 Hazosha: a collaborative and gamified platform for landing roles in consulting. 💜 Nebula Protocol: life insurance built with web3-native tools, with claims arbitrated by Kleros. 🛩 CryptoBed: Crypto airbnb. Created for cryptonatives, bringing the sharing economy to the blockchain. @YourCryptoBed 🏛 Veritrust: A protocol for creating transparent and fully auditable tenders through blockchain. @veritrust_ Soon we will share a recording of the pitches! Check the thread below: x.com/kleros_io/stat…

@NFTprotectapp is presenting now! A solution for asset security, safeguarding digital assets from theft and private key compromise. It uses Kleros for arbitration. ⚖️

🔐 Join our quests on Galxe to explore & improve the NFT Protect protocol! 🌐 Win exclusive rewards & contribute to digital asset security! 🏆 Dive into decentralized dispute resolution with Kleros! ⚖️ @Kleros_io 🔗 is.gd/J8mJJ5 #NFTProtect #Kleros #NFTSecurity

🚀 New on our blog: Explore Decentralized Courts and their impact on DeSoc (Decentralized Society)! 🌐 is.gd/ijokuqu 🔍 Learn how @kleros_io is leading the way and the role of game theory in ensuring fairness! ⚖️ #NFTProtect #DeSoc #Kleros #Blockchain #NFTSecurity

Discover more about our mission and how we're contrubuting to a safer Web3 in our latest blog post: is.gd/blog2109twitter 📖 🌐 #ReadMore #NFTProtectBlog

Our collaboration with decentralized courts like @Kleros_io ensures every claim undergoes rigorous evaluation. Fairness and justice in the digital realm are our top priorities. ⚖️ 🌐 #DigitalJustice #Kleros

🚀 Dive into the world of #NFTProtect! How do we ensure the safety of your valuable digital assets in the ever-evolving Web3 landscape? Thread below! 🛡️ 🌐 #Web3Security

@gluk64 @Kleros_io We are building a protocol for safeguarding NFTs from various attacks based on @Kleros_io which allows other users to create an additional layer of protection for their assets. If the protected token gets stolen, the decentralized court could return it to rightful owner.

Can something like this be built on @Kleros_io?

Smart contract implementation risks remain the biggest unsolved problem of Defi. L2s are equally affected. Let me pitch an idea: L1 Fork as the Court of Final Appeal. First, why existing solutions don't work: 1) Time-locked upgrades are great for scheduled changes, but obviously don't work for emergency situations. 2) Converting to an alt L1s only adds more problems and solves nothing. Even though an alt L1 can be forked, assets bridged over from Ethereum cannot, and the fork choice resolution is no different than an upgrade problem. See this thread for example: x.com/gluk64/status/… 3) Security councils can mitigate the problem, but not solve it. Any gov multisig empowered with emergency upgrade rights poses regulatory and security risks of a different kind, rendering a Defi system immature (@ChrisBlec won't let us forget about it). 4) Combined gov mechanisms are better: a security council could only freeze the contract temporarily, requiring a token governance approval for an emergency upgrade. But now a malicious majority of undercollaterized stakers could perform an evil take-over upgrade and steal all the assets. L1s don't face the same problem because they are forkable: any user can opt-in into the fork branch which they subjective believe to be correct and canonical. This doesn't work for L2s and Defi protocols, unfortunately, because we can't fork underlying native assets bridged from L1 (such as ETH). Or can we? What if we forked the L1 itself and let the L1 social consensus resolve an issue for a specific protocol? This is tempting and perfectly possible technically, but creates two problems. First, it would only work for large protocols – for the smaller ones, L1 users will likely not bother to take any action. But second, even with the big protocols, we run into a risk of overloading L1 social consensus, which Vitalik has explicitly warned against: vitalik.ca/general/2023/0… Now, hear me out. What if we built a hierarchical system of onchain courts similar to the real-world judiciary? Every protocol will have its own governance with normal and emergency upgrade mechanisms defined. The protocol must also designate a special contract that serves as an instance of appeal. We'll need a standard ERC interface for it. For an emergency upgrade there must be an appeal period, during which anyone can submit a challenge to the higher court. They will have to put a pre-defined bail deposit. This court can then cancel the emergency upgrade (and do nothing else). Different courts will have different members, prices and reputation, in a completely decentralized manner. Each court will also have to specify the a higher court where any decision can be appealed – until at some point we reach the Ethereum Supreme Court. The decision of this smart contract can only be determined by a (technically soft) fork of the L1. Of course, anyone can deploy a contract like this, and there is no guarantee that the users will bother to soft-fork. So the idea is to form a social consensus argound this idea, and deploy a "canonical" instance of the court that be configured to be so expensive to use, that only truly extrodinary cases will be brought before it, and thus will likely be worthy of the attention of the entire Layer-0 (the social consensus) of Ethereum. Think of a bug in @Uniswap, a major L2, a Defi protocol with a systemic risk, etc. The most important function of such a system will be to protect protocols against political inference from the outside. It will serve as a great deterrence mechanism, and will elevate the role of Ethereum as a powerful network state. What do you all think? Is anyone working on something like this already? We at @zksync will be more than happy to fund such a research.

@gluk64 Looks like a great potential use case for @Kleros_io CC @daisugist

🎉 We're thrilled to announce the release of our testnet MVP! Dive into the world of decentralized NFT protection and experience our platform's innovative features firsthand. 📖Check out our blog post: is.gd/aArgiE #DeFi #BlockchainSecurity #Web3Security #StaySafe

@densmirnov, co-founder and CEO of @NFTProtectapp will take part in 🎙AMA "How to Secure Your Web3 Assets" organized by @web3dna with @arctic_wallet & @FreeCity_OS. Join us, and let's make the #DigitalAssets market safer together!

🇹🇭 Hey #Bangkok, let's connect IRL! 🤝 @NFTprotectapp team is attending #BangkokBlockathon2023 to innovate #Decentralized #DisputeResolution & #DigitalAssets #Security! Come say hi & let's shape the future together! 🚀 #SCB10X #NFTs #BlockchainInnovation 🌟

A superb overview from our colleagues at @Kleros_io on the various approaches to #SocialRecovery and the solutions currently being developed (with @NFTprotectapp on board). Stay informed and stay ahead of the game in the exciting world of cryptocurrency! #Security #NFT #Kleros