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# Hypernative Activates Ecosystem-Wide Protection for Stacks: Bitcoin’s Leading L2 | ||
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We're excited to announce a new partnership with Hypernative, the industry leader in real-time threat detection and response for Web3. This collaboration will fortify applications built on the Stacks layer by offering real-time security monitoring and automatic exploit prevention tooling. | ||
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Bitcoiners understand the paramount importance of security and building for the long haul. Stacks, the leading Bitcoin L2, is unlocking Bitcoin's $1 trillion in passive capital, transforming it into a fully programmable, productive asset. With the upcoming 2024 Nakamoto release, Stacks is poised to adopt faster speeds and bring Bitcoin-level transaction finality to smart contracts. It’s an exciting time for the whole ecosystem, and with more eyes on Stacks projects, security is all the more important. | ||
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Gal Sagie, co-founder and CEO of Hypernative, shares this vision: | ||
> "Stacks is on a mission to scale Bitcoin and make more advanced financial constructs like decentralized finance possible on the network. With more code and more smart contracts comes a critical need to make sure they are safe. Hypernative is proud to secure the entire Stacks ecosystem in real-time and help activate the Bitcoin economy." | ||
## Bringing Bitcoin-Grade Security to Stacks Apps | ||
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In line with the Bitcoin ethos of robust security, projects building on Stacks will now have access to Hypernative's cutting-edge platform. This integration will provide: | ||
- Real-time security monitoring and prevention | ||
- Incident response and root cause analysis | ||
- Assistance in fund recovery leveraging Hypernative's network | ||
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The scope of protection extends across multiple fronts including: | ||
- Security and compliance | ||
- Threat intelligence | ||
- Financial and market risks | ||
- Operational and governance risks | ||
- Phishing scams and fraud prevention | ||
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### Enhancing Protocol Security: The Bitcoin Way | ||
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Hypernative introduces ecosystem-wide monitoring covering a broad range of attack surfaces and risk vectors including: | ||
- Bridges and internal infrastructure | ||
- Smart contracts | ||
- Multisig wallets | ||
- Treasury and token allocations | ||
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### Smart Contracts, Smarter Security | ||
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Hypernative's platform monitors both onchain and offchain data sources in real-time, identifying over 200 risk types with unparalleled accuracy. Using sophisticated machine learning models, heuristics, simulations, and graph-based detections, Hypernative provides the fastest and most reliable threat detection in Web3. Their impressive track record speaks for itself: | ||
- 99.5% of hacks detected last year | ||
- Less than 0.001% false positive rate | ||
- Over $50 million in funds saved to date | ||
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By combining Bitcoin's rock-solid foundation with Stacks' programmability and Hypernative's state-of-the-art security, Stacks applications can create unique offerings for Bitcoiners. | ||
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Stay tuned for more updates as the broader ecosystem continues its mission to make Bitcoin not just a store of value, but a powerhouse of decentralized applications and financial innovation – all secured with the robustness that Bitcoiners expect and deserve. |