The definition of insanity is doing the same thing over and over and expecting different results.
— Albert Einstein
What a worn-out quote ^, but it fits the situation that faces users, builders, and investors of time, energy, and funds into this industry perfectly in multiple ways. That's exactly how I feel when I see yet another smart contract exploited - worn-out. I'm simply tired of it, I feel this visceral reaction to how it restrains our industry and ruins users, over and over. Yet little changes.
We're all familiar with the broken security paradigm of DeFi and onchain applications, and to be clear, it's not going away. Billions of dollars are stolen year over year.
At Firewall, we know it's time for radical innovation and progress.
We are building "Safe Blockspace", a paradigm-shift in blockchain architecture that we’re pioneering that carries one core principle — speed X security.
Imagine this as the safety rails that enable the next era of the Internet. Today, billions of dollars are stolen from users, through irreversible transactions that are classifiable as theft. There’s a parallel between the current state of crypto-networks and the early internet, with a similar lack of essential security infrastructure.
Our focus is not on marginal improvements, instead we’re bringing a required paradigm shift in the usability of blockchains. Fundamentally, our mission is to eliminate smart contract exploits.
We envision Firewall as a part of every smart contract network, acting as an embedded security system that intelligently guards against threats, akin to what a traditional firewall mechanism on the inter-networks of web1 and web2 did to protect data exchange. Firewall brings this solution to protect and properly enable the programmable money use-cases that crypto and web3 champion.
We take a novel approach to solving arguably the last and most important problem in crypto’s way to mainstream adoption and fulfilling it’s promise to change the world. Our mission is aimed to unlock crypto as a technology that can be used to improve everyday lives.
We believe how these systems operate today is true insanity, and it’s time for the next-gen…
We love DeFi, but it’s ridiculous to continue watching users be blindly robbed because they try using it. We’ve all watched innocent friends and strangers alike lose insane amounts of money while trying to utilize basic crypto products as early adopters supporting this technology we love, while enriching criminals.
Our “why” and guiding north star is simple — build a technical and social solution that eliminates theft and eliminates losses suffered by people using smart contracts, while upholding the values we care about (censorship-resistant, provable computation, and non-custodial).
.webp)
