Web3 Security

Security practices specific to decentralized applications, smart contracts, and blockchain technologies, addressing unique risks in the Web3 ecosystem.

Also known as:Blockchain SecurityDeFi Security

What is Web3 Security?

Web3 security addresses the unique security challenges of decentralized applications (dApps), smart contracts, and blockchain technologies. It encompasses both traditional security concerns and novel attack vectors specific to the Web3 ecosystem.

Key Attack Vectors

Smart Contract

  • Reentrancy attacks
  • Integer overflow/underflow
  • Logic errors
  • Access control flaws

Wallet/User

  • Phishing attacks
  • Private key theft
  • Social engineering
  • Malicious approvals

Protocol

  • Flash loan attacks
  • Oracle manipulation
  • Governance attacks
  • Bridge exploits

Security Practices

Smart Contract Audits

  • Code review
  • Formal verification
  • Bug bounties

Secure Development

  • Established patterns
  • Testing frameworks
  • Upgrade mechanisms

Monitoring

  • Transaction monitoring
  • Anomaly detection
  • Incident response

Common Vulnerabilities

VulnerabilityDescription
ReentrancyRecursive calls
Front-runningTransaction ordering
Access controlPermission flaws
Oracle manipulationPrice feed attacks

Security Tools

Static Analysis

  • Slither
  • Mythril
  • Securify

Testing

  • Foundry
  • Hardhat
  • Brownie

Best Practices

  • Multiple audits
  • Bug bounties
  • Timelocks
  • Multi-sig wallets
  • Gradual rollouts
  • Insurance coverage