
币圈老司机|Jun 15, 2025 04:35
GPS has recently undergone a product update, which includes an integrated user security module for public blockchain projects. This update is quite meaningful
This round of GPS update product is called GSM
What is GSM?
GSM is addressing the fundamental flaw of blockchain's "single point of failure of private keys". Its core is to achieve traditional bank level risk control capabilities through a decentralized security layer without sacrificing user asset control.
In traditional schemes, the private key is kept by the user alone, but GSM can support risk control detection of transactions at the chain level, so even if the private key is lost, malicious transactions initiated by hackers through the private key will not be passed
2. In traditional solutions, asset loss equals permanent loss, but GSM can have a mechanism to prevent theft, and operational errors can be recovered
In traditional solutions, private key security relies entirely on one's own abilities, but in GSM, system level risk scanning can be performed with peace of mind, just like in a bank app
Traditional wallet:
Equivalent to putting all cash in one's own pocket, once stolen/forgotten → permanent loss
After integrating GSM into the public chain:
Equivalent to user assets being jointly managed by AI bodyguards, bank vaults, and family and friend keys
Daily payment is as convenient as Alipay
Large scale operations trigger bank level risk control
In extreme cases, assets can be recovered
One sentence definition of GSM: GSM=blockchain bulletproof vest+airbag system, users can drive freely without bearing the risk of crash
Moreover, GSM enables decentralized applications to have traditional financial level proactive protection and disaster recovery capabilities, while not depriving users of ultimate ownership of assets
However, this update actually requires the support of the public chain, which means that the public chain needs to integrate it in order to have these user security features and ensure that users are protected without any sense of security. If integrated, this update may fundamentally change the security status of the industry, just like the data report released by the official. Real backtesting of the BNB chain can intercept 97% of malicious transactions, which is absolutely beneficial for users. So the problem is, now the ball is back on the public chain side 😄
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