Script Network integrates and partners with Lossless Protocol to help enhance on-chain security and analysis 🛡️
Script Network enhances its security through partnering with Lossless to bring their best in class tooling to help protect and secure users within Script Networks ecosystem.
How will this partnership benefit Script Network?
This partnership will bring an extra layer of security to Script Blockchain. The protocol will help monitor and protect across numerous areas across the ecosystem, including (but not limited), to:
- Automated real-time freezing of suspicious transactions
- Efficient and evidence-based resolution mechanism
- Timely recovery of funds
- Advanced exploit identification and mitigation tools
What is Lossless?
Lossless brings groundbreaking Web3 security solutions to top-tier projects, investing heavily into R&D to uncover fresh and inventive security measures. Their specialist team of cybersecurity experts, blockchain engineers, finance pros, and white-hat hackers strive to mitigate any financial damages caused by exploitation or malicious cyber activity. Now the team is bringing another groundbreaking solution to the masses.
Also, Introducing Aegis — the All-Seeing Eye, your essential tool for keeping a watchful eye on your contracts and wallets. Its purpose is simple yet incredibly effective: it helps you spot suspicious activity, alerting you as soon as possible to any unexpected changes in TVL, malicious smart contracts deployed, flash loans, and many other potentially harmful events. No matter if you’re a retail user or a web3 company, Aegis is a great way to monitor ill-natured action patterns and gives you the time and opportunity to act if an attack were to occur.
Overall, Lossless protocol is an essential tool for on-chain security for Script Network. It helps to maintain data integrity, consistency, and security, minimizing the risks of errors and malicious attacks. As blockchains continues to evolve and become more complex, the need for robust security measures like lossless protocol will only increase. By implementing these protocols, blockchain developers can ensure that their platforms remain secure, reliable, and trustworthy.
About Lossless Protocol
Lossless protocol is designed to reinforce token security framework, ensuring project creators and their communities have a fail-safe against malicious exploits.
About Script Network
The Script Network is a video-based blockchain protocol focused on decentralized storage and 24/7 live content. Script Networks products include Script TV, GameFi NFTs, and multiple other dApps currently being built on-chain.
Script TV, (one of the core services of the Script Network protocol), is a free-to-air live television platform. It features countless channels and offers diverse movies, sports, documentaries, and news content, all of which earn rewards whilst watching content. Script Networks watch to earn elements that allow users to develop and grow to enhance their NFTs through GameFi mechanisms.