Forta is a decentralized monitoring network that uses advanced machine learning to detect and prevent crypto hacks and attacks in real-time. The platform has successfully identified major security incidents, including a $3.3 million SushiSwap exploit, demonstrating its effectiveness in protecting blockchain protocols. Forta also offers opportunities for developers, data scientists, and security researchers to create threat intelligence using the Forta SDK, while allowing users to stake and delegate FORT tokens to secure the network and participate in governance.
Using Forta enhances Web3 security by offering real-time monitoring and alerting for potential threats and anomalies in blockchain transactions, which helps users mitigate risks and minimize asset losses. Second, users can subscribe to a variety of detection bots tailored to specific needs, allowing them to receive timely alerts via multiple channels, such as email or Slack, thus improving their response to security incidents. Finally, the decentralized nature of Forta ensures a broad community of developers continuously improving the network's capabilities, fostering innovation in threat detection and contributing to a safer Web3 ecosystem.
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