Web3

The DeFi ecosystem has grown to over $200 billion in total value locked (TVL), but with this growth comes increased scrutiny from attackers. In 2024 alone, DeFi protocols lost over $2.3 billion to various attack vectors. This comprehensive guide explores the most critical DeFi security vulnerabilities and provides practical prevention strategies for developers and protocol architects. The Current DeFi Threat Landscape DeFi protocols face unique security challenges that traditional applications don’t encounter. The immutable nature of smart contracts, combined with the high-value assets they control, makes them attractive targets for sophisticated attackers. ...

Ethereum’s transition to proof-of-stake solved energy concerns but scaling remains the blockchain’s biggest challenge. With Layer 1 throughput limited to ~15 TPS and gas fees frequently exceeding $50 per transaction, Layer 2 solutions have become critical infrastructure. This technical guide explores the implementation details of major L2 scaling approaches, analyzing their trade-offs and providing practical code examples. The Layer 2 Scaling Landscape Layer 2 solutions process transactions off-chain while inheriting Ethereum’s security guarantees. The current L2 ecosystem processes over 3.2 million transactions daily across major networks, with combined TVL exceeding $45 billion. ...

Maximal Extractable Value (MEV) represents one of the most sophisticated attack vectors in DeFi, extracting an estimated $1.38 billion from users in 2024 alone. As blockchain applications become more complex, MEV attacks have evolved from simple front-running to sophisticated multi-block strategies that can destabilize entire protocols. This technical guide explores advanced MEV protection mechanisms and provides practical implementation strategies for developers. Understanding the MEV Landscape MEV extraction occurs when searchers and validators reorder, include, or exclude transactions to capture value at users’ expense. The current MEV ecosystem processes over $4.2 million daily across Ethereum mainnet, with attack sophistication increasing exponentially. ...

Web3 represents an ambitious vision for the next evolution of the internet, promising to return control from Big Tech platforms to individual users through blockchain technology and decentralization. As venture capital flows into Web3 startups and major corporations announce blockchain initiatives, it’s crucial to examine both the transformative potential and current limitations of this paradigm shift. Defining Web3: The Vision The Evolution of the Web Web 1.0 (1990s-2000s): The Read-Only Web ...