Decentralized finance Defi opened new world in the crypto space as it offers more and more wonderful opportunities in the traditional economy system. But it also nite that some bad people are using it for scams or femrouds. Now time demanding defi with trust not only rely on defi liquidity. So many companies and people are working on it and trying to make secure and trusted Defi economy that should be completly safe.
As time demanding privacy ans trust , Walrus Protocol is the only trusted platform that is trying and working on it. It is a kind of decentralized storage and source of secure data availability built on the most efficient and secure blockchain of SUI. Through the help of the RFP program , the developers main focus is now providing secure and truated trasansaction that can't be steal or used in frouds. In this way they are preventing the users from harms and attacks.
In the traditional Defi , the risks of the fake or frouds was more as it was solely rely on smart contract that can be removed with littke effort and also can be melacious. Also was based on the NFTs that also be deleted easily. This was result in rugpulls and frouds and people were worried because of it. Oracle manipulation was also easy in this way.
So developers and people was in need of fast blockchain and new system that should stop people from rugpulls and scams. So sui as fast blockchain and walrus protocol as a trusted platform was started a mission to make the crypto and blockchain world safe and secure. They are making safe from the cintract codes to the verifyable histories.
Traditional cloud storage was not secure and also were centealized as they were using opaque storage that was easily stealable. Butnow walrus protocol has solved this problem through introducing a new technique which is programmable decentralized storage system as it used 2D redstuff system this is disteibute the data to the global networks of the nodes and in this way almost impossible to steak or change the it.
Now the question is that how actually walrus protocol works in making system secure , the answer is simple , it uses POA proof of availability and it acts as a certificate to verify that whether the attempt is real or attack fron the fake people. Also very fastly it detect the authenticity of approach in real time. If for example , a person tries to alter the contract behaviour , the system detects it fastly show warning to the scammer and his all effort gies all in vain.
Real time verification layer that works as firewall is also the part of the RFP that developers arw currently working on. Through RFP they are making defi safe and secure. Audit history of smart contract is first verified automatically before the user sign and ignate the trasaction. It auto check the audit histories of the smart contract and prevent the data from the malicious clients.
Meta data frouds are also common type of frouds but walrus protocol stoping it like a boss. In this kind of scam , the interface looks legtimate and people can't make different between real and fake. In this walay malicious activities result in loss of the people. But walrus protocol used data as walrus sites in the Dapps . As the informations are stored on chain and verifiable automatically so the keys can't be stealed or change . In this way users are safe from stealing.
RFP program also give advantage of real time audit trails , developers build tools that acts as Ai agents that works a security gurads of transactions , these economic actors or guards detect each and everything about project and see if any thing strange hapoening with liquidity or any suspcious transaction. If anything happens , it analysis it and show the warning signs befire it actually happens.
So all in all we can say that the future of Defi is secure and trustable after the entry of wakrus protocol that uses RFP programs. Now people will feek safe and their data will be impossible to steal and modify. In the start defi was not transparent and clear but now walrus making it transparent as glass . As now verification is auto and verifiable anytime , trust is increasing drastically. This also helping in prevnting the large number if malicious attacks and scams and also building trust for instituitions to comw and join the defi. In this way trillions of dollar wilk flow towards the defi and will make it new financia)l hub.
