Forta announces Forta Live – Web3 security for everyone

Forta is still a young platform in the crypto sphere, but it’s already making a major splash. Founded with the mission of being the first decentralized runtime security solution for Web3, Forta Protocol is incubated by the team at OpenZeppelin and backed by some of the strongest investors in the world, including a16z

The core of Forta is a network of “Agents”, or scripts that monitor smart contracts and protocols for hacks, unusual transactions, and other potentially nefarious activity. Alerts are then provided to protocol operators, investors, or integrators in real-time, so measures can be taken to prevent and/or mitigate any damage. 

The platform may still be unknown to some in the crypto sphere, but Forta has garnered over 10,000 members in its community Discord since its launch just a month ago, and for good reason. With billions of dollars being poured into DeFi and new users entering crypto at an exponential rate, Forta serves the much needed purpose of providing security and active monitoring in Web3 development. 

Major exploits in the crypto space are still rather frequent (looking at you Cream Finance), but Forta provides developers some of the first tools that allow for a proactive approach to security in Web3. A more in depth review of Forta and how it could have been used to prevent the $600m Poly Network hack can be found here https://youtu.be/d8aNJTXywvc.

Forta Protocol is officially Live and out of beta today, offering a greatly expanded suite of tools for developers, protocol, and crypto enthusiasts alike. With Forta Live, security for Web3 has taken a huge step towards reaching the maturity required for widespread adoption. Many of the new product features in Forta Live are built alongside new and intuitive interfaces which will make the platform even more accessible for developer use. 

Of these features, some of the most notable include:

Forta Connect, which allows Agent developers to publish and manage Agents via an intuitive user interface. 

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Any developer can simply connect their wallet and allow permissions to the Forta Connect app, through which all Agents can now be created and published. In the past two months, Forta has seen hundreds of Agents built by its thriving community of developers all around the world.

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The wallet address used to sign up for Forta Connect will create a synonymous developer profile, which is public and viewable by anyone. Profiles contain a list of all Agents deployed by a developer, and each Agent will come with a profile of its own.

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(A developer profile)

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(An agent profile)

Forta Explorer, which allows users to subscribe to Agents and receive alerts via Slack, PagerDuty and email. 

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The Forta Explorer interface is an invaluable resource allowing developers to automatically receive alerts from any Agent they subscribe to. Alerts can be directed to Slack or an email endpoint via Webhook, with additional integrations for other communication platforms yet to come. 

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Alerts from Agents come in six tiers: critical, high, medium, low, info, and unknown. While in Explorer, alerts will appear as they do below. Alert information can be forwarded to a specified endpoint to give developers and protocol operators immediate warning, and the ability to take action after suspicious activity has been detected.

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OpenZeppelin Defender Integration

OpenZeppelin Defender is a third-party application which allows for the automation of smart contract operations. Through an integration with Forta coming November 15th, Defender enables developers to automate operations in critical security conditions. Projects can subscribe to, and receive, Forta alerts directly through their Defender dashboard and have the ability to use Forta alerts as triggers for auto-tasks. This means that developers can program automated actions conditionally on a specific agent/alert firing. This is the first of potentially many third-party user interfaces interacting with Forta alerts.

The transition from beta to Forta Live is an exciting development in the Web3 security space, and with more developers joining the platform, effective post deployment security for decentralized visions will hopefully become industry standard. Using the features from Forta Live creates a viable option for developers to monitor smart contracts for exploits and hacks in real-time for the first time ever. In the coming months we will see Forta become an even more prominent leader in decentralized security as it continues to improve and add to its already impressive platform, making Web3 better for everybody.

To learn more about Forta and how you can use it to protect your own projects against exploits, be sure to visit the website https://www.forta.org/ and join the official discord https://discord.com/invite/KACdTEutQq.

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