Forta and Celo Partnership Elevates Security for Celo Layer 2

The Celo Foundation has announced a significant partnership with Forta, an AI-powered security platform, to enhance the security of the Celo Layer 2 network. This collaboration aims to integrate Forta's advanced security measures to prevent malicious transactions, thereby establishing a new benchmark for blockchain security, according to the Celo Foundation.

Understanding Forta's Role

Forta is renowned for its AI-driven platform that detects and prevents unauthorized and non-compliant transactions before they hit the blockchain. Central to Forta's offering is the Forta Firewall, which employs a custom neural network named FORTRESS. This system is trained on real-world attack data, assigning risk scores to transactions and blocking suspicious activities with a 99% detection accuracy rate, while minimizing false positives.

Impact on the Celo Ecosystem

The integration of Forta's Firewall into Celo's sequencer layer introduces "security by default" to the blockchain. Transactions are pre-screened before reaching the network's sequencer, ensuring that any suspicious activities are flagged for review without disrupting the blockchain's operations. This proactive approach offers protection against smart contract exploits and compliance violations, benefiting users, developers, and projects within the Celo ecosystem.

Seamless Integration and Benefits

The integration is designed to be seamless, requiring no additional setup from developers or users. Every transaction is screened at the sequencer layer, and the network-wide coverage protects smart contracts and application-layer protocols out-of-the-box. Furthermore, Forta's private threat intelligence ensures that information about blocked transactions remains confidential.

Enhancing DeFi Security

The partnership with Forta significantly enhances security within Celo's DeFi projects. By preventing hacks without halting operations, developers benefit from real-time monitoring and rapid response to potential threats. Forta's track record includes securing substantial Total Value Locked (TVL) on other Layer 2 networks, promising similar security enhancements for Celo's ecosystem.

Future Developments

This integration marks the beginning of a broader initiative to provide developers on Celo with more powerful tools, such as customizable alerts, security dashboards, and detection bots. These tools are designed to offer deeper visibility and control, ensuring security is a foundational principle of the Celo network.

The collaboration between Celo and Forta underscores a commitment to creating a secure, scalable, and accessible blockchain environment, paving the way for a secure and prosperous future for builders and users globally.