In-depth analysis: GSM, the first chain-native firewall in Web3, may rewrite the blockchain security landscape

Editor's note: Recently, GoPlus, a Web3 security infrastructure provider, launched the world's first chain-native security firewall GSM (GoPlus Security Module), which has been successfully deployed on BNB Chain.

"In the Web3 world, every transaction is like walking in the dark, and users never know where the next threat will come from."

This is the sentiment of a senior blockchain security researcher when talking about the current state of Web3 security. Indeed, from the Orbit Bridge 10 million dollar hack incident at the beginning of this year to countless phishing scams, Web3 security issues are still the "fatal wound" of this fast-growing industry.

However, GoPlus' GSM security module, as a new generation of "on-chain security firewall", may reshape Web3 security standards.

"Why isn't the current security program good enough?"

At the beginning of the interview, the reporter threw this question to the GoPlus team.

"The current Web3 security solution is like adding a security door to the house, ostensibly adding security, but smart thieves will always find other ways to sneak in." A security architect vividly explains, "What we need is to build a house with security systems in mind. According

to Chainalysis, losses from cryptocurrency-related hacks and scams will surge in 2025 compared to 2024, when the figure exceeded $9.9 billion. Traditional wallet plug-ins and API solutions are inadequate to protect against these attacks.

GSM: The

core innovation of redefining blockchain securityGSM is that it implants security mechanisms directly into blockchain nodes for the first time.

"It's like putting an immune system on the blockchain," the project leader explained to reporters, "identifying and blocking dangers before they actually cause harm." The GSM security module can embed the ability to "judge whether it is safe" on the chain, so that the security can be "the moment before the user clicks", and it is no longer a remedy after the accident. Even if the user clicks on the wrong interaction, the asset can be protected according to the risk control options set in the early stage. "

The data shows that GSM performed amazingly in the actual test of BNB Chain:

• the detection success rate of 100 historical attack transactions reached 97%

• Theoretically avoided the loss of more than $22 million in assets

• and only increased the latency of 40 milliseconds per transaction

• at 1000

"These data prove that GSM successfully solves the problem of balancing security and performance," said a node operator who participated in the test.

paradigm shift in on-chain security

Compared to traditional security schemes, GSM brings three key breakthroughs:

1. Unbypassability

"Once deployed on a node, GSM becomes an integral part of the blockchain network," the technical lead emphasized, "which means that attackers cannot bypass it in the same way that they can bypass wallet plugins." The

1. of decentralized verification

GSM are based on on-chain data and do not rely on centralized servers, which is fully in line with the core concept of Web3.

1. Real-time protectionIn

the reporter's demonstration test, GSM successfully intercepted a simulated phishing attack, and the whole process took only milliseconds.

4. User-driven: Users can turn on/off protection, and can also customize security policies and risk preferences to fully delegate authority.

Application Prospects and Industry ImpactMany

industry experts believe that the emergence of GSM marks a new stage of Web3 security.

"This is an important step for Web3 to move from a 'primitive jungle' to a 'civilized society'," commented the head of security at a well-known exchange.

The reporter learned that a number of mainstream public chains, wallets and DeFi projects are evaluating access to GSM. "Security is no longer an option, it's infrastructure," said a project representative.

Challenges and

ProspectsDespite the bright future, there are still challenges to the rollout of GSM. The real challenge is in the change of concept - to get the whole industry to pay attention to "active safety before trading".

But they believe that with the launch of GSM, it will promote the standardization of "security firewalls" and open the door to the large-scale application of Web3 security.

Blocknative predicts that the blockchain security market will exceed $50 billion by 2025.

ConclusionAt

the end of the interview, a core developer summed it up this way: "The GSM launched by GoPlus is not only a security tool, but also the only way for the blockchain world to move towards large-scale adoption. Because the vision of Web3 can only be realized if users are truly secure on-chain transactions. "