Editor’s Note: Recently, 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 feels like walking in the dark of night, where users never know where the next threat will come from.”

This is a seasoned blockchain security researcher reflecting on the current state of Web3 security. Indeed, from this year’s Orbit Bridge multi-million dollar hacking incident to countless phishing scams, the security issues in Web3 remain the “fatal flaw” of this rapidly developing industry.

However, the GSM security module launched by GoPlus, as a new generation “on-chain security firewall”, may reshape Web3 security standards.

“Why are current security solutions not good enough?”

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

“Current Web3 security solutions are like installing a security door on 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 at the time of construction.”

According to predictions from Chainalysis, losses from cryptocurrency-related hacks and scams are expected to surge in 2025 compared to 2024, when this figure has already exceeded $9.9 billion. Traditional wallet plugins and API interface solutions seem inadequate in preventing these attacks.

GSM: Redefining Blockchain Security

The core innovation of GSM is that it directly embeds the security mechanism into the Blockchain nodes for the first time.

“It’s like giving the blockchain an immune system,” the project leader explained to reporters, “identifying and blocking dangers before they can cause harm. The GSM security module can embed the ability to “judge whether it is safe” on the chain, achieving security at the “moment before the user clicks,” rather than remedying the situation after an incident. It can even go a step further, protecting assets based on pre-set risk control options, even if the user clicks on the wrong interaction.”

Data shows that GSM performed remarkably in actual tests on the BNB Chain:

• The detection success rate for 100 historical attack transactions reaches 97%.
• Theoretically, it is possible to avoid asset losses exceeding 22 million dollars.
• Each transaction only adds a 40ms 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 involved in the testing.

Paradigm shift of on-chain security

Compared to traditional security solutions, GSM has brought four key breakthroughs:

1. Irreplaceability

“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 do with wallet plugins.”

2. Decentralized Verification

The security rules of GSM are based on on-chain data, do not rely on centralized servers, and fully comply with the core principles of Web3.

3. Real-time Protection

In the journalist’s demonstration test, GSM successfully intercepted a simulated phishing attack, and the entire process took only milliseconds.

4. User-driven Users

You can enable/disable protection, customize security policies and risk preferences, and fully delegate 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 from the ‘primitive jungle’ to ‘civilized society,’” said the security head of a well-known exchange.

The reporter learned that several mainstream public chains, wallets, and DeFi projects are evaluating the integration of GSM. “Safety is no longer an option, but an infrastructure,” said a representative from the project side.

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 value “proactive security before transactions.”

But they believe that the launch of GSM will promote the standardization of the “security firewall,” opening the door to the large-scale application of Web3 security.

According to Blocknative’s predictions, by 2025, the blockchain security market size will exceed 50 billion dollars.

Conclusion

At the end of the interview, a core developer summarized: “The GSM launched by GoPlus is not just a security tool, but also an essential path for the blockchain world to move towards large-scale applications. Because only by enabling users to truly conduct secure on-chain transactions can the vision of Web3 be realized.”

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