GoPlus Teams up With Neo X Sidechain to Implement Node Security Module

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As a seasoned crypto investor with over a decade of experience navigating the ever-evolving digital asset landscape, I must say that the partnership between GoPlus and Neo X is nothing short of intriguing. Having witnessed numerous security breaches and hacks throughout my journey, I can appreciate the significance of this collaboration.

The Web3 user security platform, GoPlus, recently revealed a partnership with the EVM-compatible sidechain, Neo X. This collaboration aims to enhance node security for Neo X. Notably, Neo X, an extension of the seasoned blockchain Neo, is now the first decentralized network to incorporate this security solution.

GoPlus protects Neo X sidechain with extra security layer

GoPlus, a modern firm specializing in blockchain security, reveals the specifics of their collaboration with EVM-compatible sidechain Neo X. By integrating its User Security Module (USM), GoPlus aims to enhance the security of the sidechain by providing an extra layer of protection at the node level.

There’s no reason to feel low,

— GoPlus Security (@GoPlusSecurity) June 26, 2024

By linking with Neo X, users can effortlessly utilize an on-chain security service, which is reinforced by the GoPlus User Security Module (USM). This module creates a safeguard on Neo X, continuously filtering transactions according to users’ customized security plans and instantly halting potentially hazardous ones.

Consequently, this guarantees seamless, secure transactions within the Neo X blockchain for all its users, developers, and their decentralized applications, while also fortifying the security of cryptocurrency assets.

According to John Wang, who serves as the Head of Eco-Growth at Neo, it’s crucial that users activate the GoPlus tooling on Neo X for a balanced and equitable economy within the sidechain. In simpler terms, he emphasizes the significance of activating the GoPlus tools on Neo X to foster a fair and inclusive economic environment in the sidechain.

As a blockchain analyst, I’m thrilled to share that we lead the way by seamlessly incorporating the GoPlus Security Module into our system. In addition, our forthcoming anti-MEV (Miners Extract Value) feature is set to revolutionize user experience on Neo X. This combination promises unparalleled levels of security and fairness on our platform, a testament to our commitment to innovation and trust.

The GoPlus User Security Module operates as a layer between user-initiated transactions on Neo X and GoPlus’s SecWare services. 

Whenever a transaction occurs, the USM catches the transaction details and sends them over to SecWare. By utilizing GoPlus’s flexible security data and computational resources, SecWare conducts immediate risk evaluations on the transaction, employing sophisticated AI techniques.

Advanced security with no decentralization tradeoffs

Brian Li, serving as Marketing Lead at GoPlus, expresses his enthusiasm over the potential benefits that the fresh partnership brings for creators and users of decentralized apps on Neo X.

We’re excited to team up with Neo X, which signifies a major achievement as they are now the initial blockchain to incorporate our User Security Module at the node tier. This joint effort underscores our shared dedication to improving security within the web3 environment and ensuring strong defense for all users.

goPlus’s Universal Security Module (USM) constructs a flexible security framework within the Web3 environment. Capable of smoothly integrating with any blockchain network, this module empowers blockchain systems to bolster user security and offer enhanced defense against potential risks.

Through acting as the bridge connecting users with Neo X’s sidechain, USM empowers GoPlus to offer a complete, all-encompassing security solution from start to finish. This setup allows Neo X to optimize security at the node level, detect potential threats, and simultaneously preserve its permissionless and decentralized network structure.

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2024-09-12 16:31