web3 security
Web3 security revolves around building secure decentralized systems, protecting users' digital assets, and providing a reliable environment for interaction on the decentralized web.
Decentralization: In Web3, there is no single central point of failure that attackers can easily target as in centralized systems. This makes the system more resilient, but it requires a different approach to security.
Private Keys: In Web3, users have their own private keys that give them full control over their digital assets. Stealing these keys means losing assets, making users prime targets for phishing and malware attacks.
Immutability: Once data is recorded on the blockchain, it cannot be changed. This provides transparency and security, but it also means that mistakes or vulnerabilities in deployed smart contracts can be permanent and difficult to fix.
