Security Analysis Tool
Problem to Solve:
An average on-chain user who deals with crypto tokens and NFTs on a day-to-day basis can easily forget or neglect the importance of checking the behavior of wallets they interact with, their delegated NFTs, etc.
As web3 gets to the masses, we need a security analysis tool that keeps checking these parameters under the hood every time a transaction or an activity is made bya user, and alert them about a possible suspicious engagement they have made, thus allowing them to safeguard their digital assets, before a malicious actor takes over.
Some of the recent hacks on Solana were merely due to the wallet interactions prove the need for security analysis tools like these in current situations.
Possible Solution:
A security analysis tool that
1) checks a hot wallet, creates a graph of associated wallets, and you mark which ones are supposed to be “cold”. sends an alert if there’s any violation of certain parameters (e.g., cold wallet interacting with programs that are not the hot wallet)
2) making sure that delegation for NFTs is locked down and those NFTs are frozen if possible to avoid drains
3) when creating a pseudonymous wallet with a different seed phrase, send an alert if you’ve “compromised” your identity by sending transactions across seed phrases
Resources:
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