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@sidsethi
The ByBit hack has brought everyone's attention to frontend security. @earthfast would have prevented this issue. šŸ” In addition to decentralized frontend hosting, EarthFast protects protocol users by ensuring code authenticity . More info on how this works below, along with an aggregation of different threads on the topic šŸ‘‡ https://x.com/benbybit/status/1894768736084885929 1/
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All protocols using @earthfast for their frontends register their projects on our smart contracts This offers security for the deployer and for the end user. 1) Version updates are managed onchain, so the community can see the code in every update transaction 2) A Service Worker runs inside client browsers which does 2 things: ā€“Ā it fetches the code bundle from the decentralized node network ā€“Ā performs checksum validation against onchain records to ensure code authenticity 2/
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As Haseeb points out, while ByBit should have had better opsec, this hack exposed another attack vector. Protocol-level security doesn't matter if users can't trust the UI. https://x.com/hosseeb/status/1894769440669204780 3/
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"Frontends should _always_ be assumed compromised." Despite a more favorable regulatory environment, the industry needs to stay focused on protecting users. https://x.com/hasufl/status/1894772256179405158 4/
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@socrates1024 addresses this directly. Frontends should be treated like smart contracts, and should move to similar release management. This is how frontends hosted on @earthfast work. https://x.com/socrates1024/status/1894798883022073918 5/
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CZ raises great questions about current security practices. https://x.com/cz_binance/status/1894787596443885698 6/
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Buffalu gets it šŸ˜Ž https://x.com/buffalu__/status/1894777548992635055 7/
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@sidsethi
Reach out if you want to work with us or learn more about how we're solving secure decentralized frontends šŸ«” Link to X thread https://x.com/sidsethi/status/1894845931268583635
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