Decentralized finance (DeFi) promises disintermediated financial systems with no central authorities. However, governing these ecosystems for stability and aligned incentives remains vital. By examining emerging governance models and risks, we… Continue reading Plotting Governance Guideposts for Decentralized Finance
Category: blockchain
Illuminating the Shadows of Smart Contract Risks
Smart contracts are self-executing programs that encode complex business logic on blockchains. However, being immutable and managing valuable assets also makes smart contracts prime targets. Their unique security risks require… Continue reading Illuminating the Shadows of Smart Contract Risks
Battling Key Custody Calamities and Catastrophes
In the blockchain world, losing private keys is akin to torching your treasury. Without keys, users are locked out of their funds and control is lost. Myriad threats exist to… Continue reading Battling Key Custody Calamities and Catastrophes
Securing Keys Across the Kingdoms of Cold and Hot Storage
For blockchain participants, protecting the private keys that authorize access to funds and contracts is paramount. Various storage models exist on a spectrum from cold storage that keeps keys offline,… Continue reading Securing Keys Across the Kingdoms of Cold and Hot Storage
How to Forge Strong Blockchain Keys
Cryptographic keys form the basis of security for blockchain networks. Private keys in particular prove ownership of assets and authorize transactions. The randomness and secrecy of private keys is paramount.… Continue reading How to Forge Strong Blockchain Keys
A Cryptographer’s Guide: Demystifying Keys and Cryptography
Cryptography plays a crucial role in blockchain technology, yet the mathematical principles involved can seem esoteric. By decoding key concepts in public key cryptography and cryptographic hash functions, professionals can… Continue reading A Cryptographer’s Guide: Demystifying Keys and Cryptography
With Great Power Comes Great Responsibility: Securing Keys While Maintaining Accessibility
Cryptographic keys enable the miracles of blockchain, but also carry great accountability. Mishandled keys risk compromise and lockout. Yet overly strict protocols frustrate usability. The art of key management lies… Continue reading With Great Power Comes Great Responsibility: Securing Keys While Maintaining Accessibility
Assessing Blockchain Solutions with a Security Eye
Blockchain technology has seen tremendous growth and adoption across industries in recent years. However, before embarking on a blockchain journey, it is crucial for organizations to thoroughly evaluate potential use… Continue reading Assessing Blockchain Solutions with a Security Eye
The Weakest Link: How Failing Private Key Security Destroys Blockchains
At its foundations, blockchain depends on private keys remaining secret and controlled. But throughout history, weak links in private key management have repeatedly led to catastrophic destruction. No matter how… Continue reading The Weakest Link: How Failing Private Key Security Destroys Blockchains
Braving the Dungeons of Private Key Security
In the realm of blockchain, private keys unlock access to users’ precious digital assets. But when dragged carelessly into dungeons, even the sturdiest private key can become compromised. This guide… Continue reading Braving the Dungeons of Private Key Security