Sunday, December 22

Blockchain security firm Triathon has unveiled DeepFuzz, a smart contract security testing product that can detect technical issues from multiple dimensions. The software aims to help blockchain developers find vulnerabilities in advance and fix them in the first instance, while enhancing Web3 security.

The tool will simulate various situations and inputs to discover vulnerabilities and errors, and also test the performance and scalability of smart contracts to ensure they can handle large amounts of data and transactions. Unlike other testing products that require high technical thresholds, DeepFuzz reduces the technical threshold of the testing environment.

Triathon DeepFuzz will update the testing log during the testing process, showing possible vulnerabilities and reasonable security recommendations. Users can track and analyze test results to improve the overall efficiency of security testing and repairs.

After security testing, users can export comprehensive testing results and reports, addressing security issues one by one. The cost of Triathon DeepFuzz is lower than other commercial test products in the market, making specialized smart contract security testing more affordable.

According to NoneAge Technology’s statistics, there were 306 security incidents worldwide in 2022, resulting in cumulative losses of $10.1 billion.

Compared to 2021, there were 64 new Web3 security incidents, with an increase of 26%.

The release of DeepFuzz aims to fill the technology gap in the Web3 industry in terms of specialized and intelligent testing and auditing of smart contracts, adding significant strength to Web3 security. Triathon plans to continue to optimize the DeepFuzz system, deepen the security detection field, and work together with blockchain project teams and community users to build a better Web3 world.

Read Also: .bit Alias Enhances Security and User-Friendliness of Web3 Transactions with Decentralized Identifiers

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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