Editor’s note: Recently, the Web3 security infrastructure provider GoPlus launched the world’s first chain-native security firewall GSM (GoPlus Security Module), which has been successfully tested and deployed on the BNB Chain.
"In the Web3 world, every transaction is like walking in the dark of night, and users never know where the next threat will come from."
This is a sentiment expressed by a senior blockchain security researcher regarding the current state of Web3 security. Indeed, from the multi-million dollar hack of Orbit Bridge at the beginning of this year to countless phishing scams, the security issues of Web3 remain the "Achilles' heel" of this rapidly developing industry.
However, the launch of GoPlus's GSM security module, as a new generation of "on-chain security firewall," could reshape Web3 security standards.
"Why are current security solutions not good enough?"
At the beginning of the interview, the reporter threw this question to the GoPlus team.
"Current Web3 security solutions are like adding a security door to a house; they superficially increase security, but clever thieves always find other ways to break in," a security architect explained vividly. "What we need is to integrate the security system into the house during the construction phase."
According to predictions from Chainalysis, losses from cryptocurrency-related hacking and scams in 2025 are expected to surge compared to 2024, when this figure has already exceeded $9.9 billion. Traditional wallet plugins and API interface solutions appear inadequate in preventing these attacks.
GSM: Redefining Blockchain Security
The core innovation of GSM is that it integrates the security mechanism directly into the blockchain nodes for the first time.
"It is like equipping the blockchain with an immune system," the project leader explained to the reporter, "identifying and blocking dangers before they can cause harm. The GSM security module embeds the ability to "determine safety" on-chain, ensuring security "just before the user clicks," eliminating the need for post-incident remediation. It can even go a step further; even if the user clicks on the wrong interaction, it can protect assets based on pre-set risk control options."
Data shows that GSM performed remarkably in actual testing on the BNB Chain:
The detection success rate for 100 historical attack transactions reached 97%.
Theoretically, it can avoid asset losses exceeding 22 million dollars.
Each transaction incurs only a 40 milliseconds delay.
Maintain stability under 1000 TPS high pressure
"These data prove that GSM has successfully solved the balance problem between security and performance," said a node operator who participated in the testing.
Paradigm shift of on-chain security
Compared to traditional security solutions, GSM has brought three key breakthroughs:
Inviolability
"Once deployed on the node, GSM will become an inseparable part of the blockchain network," the technical director emphasized, "which means that attackers cannot bypass it like they can with wallet plugins."
Decentralized Verification
The security rules of GSM are based on on-chain data, do not rely on centralized servers, and fully align with the core principles of Web3.
Real-time protection
In the journalist's demonstration test, GSM successfully intercepted a simulated phishing attack, and the entire process took only milliseconds.
User Driven Users can enable/disable protection, and can also customize security policies and risk preferences, giving full authority.
Application prospects and industry impact
Many industry experts believe that the emergence of GSM marks a new stage in Web3 security.
"This is an important step for Web3 to move from the 'primitive jungle' to a 'civilized society,'" commented a security head of a well-known exchange.
The reporter learned that several mainstream public chains, wallets, and DeFi projects are already evaluating the integration of GSM. "Security is no longer optional, but infrastructure," said a representative from the project.
Challenges and Prospects
Despite the bright prospects, the promotion of GSM still faces challenges. The real difficulty lies in the shift in mindset - getting the entire industry to prioritize "proactive security before transactions."
But they believe that the launch of GSM will promote the standardization of the "security firewall" and open the door to the large-scale application of Web3 security.
According to Blocknative's predictions, the blockchain security market size will exceed 50 billion dollars by 2025.
Conclusion
At the end of the interview, a core developer summarized: "The GSM launched by GoPlus is not just a security tool, but a necessary path for the blockchain world to achieve large-scale applications. Because only by ensuring truly secure on-chain transactions for users can the vision of Web3 be realized."
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
In-depth Analysis: The First Chain-Native Firewall GSM of Web3 May Rewrite the Blockchain Security Landscape
Editor’s note: Recently, the Web3 security infrastructure provider GoPlus launched the world’s first chain-native security firewall GSM (GoPlus Security Module), which has been successfully tested and deployed on the BNB Chain.
"In the Web3 world, every transaction is like walking in the dark of night, and users never know where the next threat will come from."
This is a sentiment expressed by a senior blockchain security researcher regarding the current state of Web3 security. Indeed, from the multi-million dollar hack of Orbit Bridge at the beginning of this year to countless phishing scams, the security issues of Web3 remain the "Achilles' heel" of this rapidly developing industry.
However, the launch of GoPlus's GSM security module, as a new generation of "on-chain security firewall," could reshape Web3 security standards.
"Why are current security solutions not good enough?"
At the beginning of the interview, the reporter threw this question to the GoPlus team.
"Current Web3 security solutions are like adding a security door to a house; they superficially increase security, but clever thieves always find other ways to break in," a security architect explained vividly. "What we need is to integrate the security system into the house during the construction phase."
According to predictions from Chainalysis, losses from cryptocurrency-related hacking and scams in 2025 are expected to surge compared to 2024, when this figure has already exceeded $9.9 billion. Traditional wallet plugins and API interface solutions appear inadequate in preventing these attacks.
GSM: Redefining Blockchain Security
The core innovation of GSM is that it integrates the security mechanism directly into the blockchain nodes for the first time.
"It is like equipping the blockchain with an immune system," the project leader explained to the reporter, "identifying and blocking dangers before they can cause harm. The GSM security module embeds the ability to "determine safety" on-chain, ensuring security "just before the user clicks," eliminating the need for post-incident remediation. It can even go a step further; even if the user clicks on the wrong interaction, it can protect assets based on pre-set risk control options."
Data shows that GSM performed remarkably in actual testing on the BNB Chain:
The detection success rate for 100 historical attack transactions reached 97%.
Theoretically, it can avoid asset losses exceeding 22 million dollars.
Each transaction incurs only a 40 milliseconds delay.
Maintain stability under 1000 TPS high pressure
"These data prove that GSM has successfully solved the balance problem between security and performance," said a node operator who participated in the testing.
Paradigm shift of on-chain security
Compared to traditional security solutions, GSM has brought three key breakthroughs:
Inviolability
"Once deployed on the node, GSM will become an inseparable part of the blockchain network," the technical director emphasized, "which means that attackers cannot bypass it like they can with wallet plugins."
Decentralized Verification
The security rules of GSM are based on on-chain data, do not rely on centralized servers, and fully align with the core principles of Web3.
Real-time protection
In the journalist's demonstration test, GSM successfully intercepted a simulated phishing attack, and the entire process took only milliseconds.
Application prospects and industry impact
Many industry experts believe that the emergence of GSM marks a new stage in Web3 security.
"This is an important step for Web3 to move from the 'primitive jungle' to a 'civilized society,'" commented a security head of a well-known exchange.
The reporter learned that several mainstream public chains, wallets, and DeFi projects are already evaluating the integration of GSM. "Security is no longer optional, but infrastructure," said a representative from the project.
Challenges and Prospects
Despite the bright prospects, the promotion of GSM still faces challenges. The real difficulty lies in the shift in mindset - getting the entire industry to prioritize "proactive security before transactions."
But they believe that the launch of GSM will promote the standardization of the "security firewall" and open the door to the large-scale application of Web3 security.
According to Blocknative's predictions, the blockchain security market size will exceed 50 billion dollars by 2025.
Conclusion
At the end of the interview, a core developer summarized: "The GSM launched by GoPlus is not just a security tool, but a necessary path for the blockchain world to achieve large-scale applications. Because only by ensuring truly secure on-chain transactions for users can the vision of Web3 be realized."