Niner 🍡九儿
Niner 🍡九儿|May 24, 2025 12:07
A few days ago, Cetus was hacked with 230 million yuan, bringing down the previously thriving SUI. Blockchain security is really important, and I happened to see someone mention the decentralized network security protocol @ NaorisProtocol based on blockchain and post quantum in IDO. By the way, let's learn about this project. The vulnerability of Cetus partially stems from the centralized design of the internal Oracle system, which is easily manipulated. Each device in Naoris becomes a validation node, checking the status of other devices, APIs, and smart contracts in real-time. Hackers who want to break through a node will collectively defend the entire network, eliminating the risk of a single point of failure. This should be very important for the DeFi project. But this is not only used in blockchain, it can also be applied in banking, communication, defense, IoT, and healthcare. The project has received support from Draper Associates, who have previously invested in Coinbase, SpaceX, and Robinhood. Financing of 31.5 million US dollars The previous testing network seems to have ended, and now there is still a public fund available for participation. The public offering on ETH can be participated in using ETH, USDT, and USDC, with a price of 0.11U and full release. The public offering will end on the 27th, and we can decide whether or not to proceed.
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