Industry Leading Web3 Security & Audits.

DePIN Security

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Hashlock Securing Your DePIN Projects

 

We vet and scrutinise all components of DePIN projects, protecting systems from cybersecurity attacks and smart contract flaws, ensuring that all moving parts of DePIN systems are securely synchronised.

 

Our team of seasoned experts assist DePIN projects in:

 

  • preserving data integrity
  • Maintain uncompromising  access control 
  • Safeguard user privacy. 

 

Hashlock thoroughly audits the smart contracts of DePIN systems to discover and eliminate vulnerabilities before carrying out penetration testing to see the overall robustness of DePIN projects’ security measures and get them ready for real-world use.  

What is DePIN?

Decentralised Physica Infrastructure Networks are peer-to-peer (P2P) crowd-sourced networks where individuals contribute physical infrastructure and earn rewards according to the protocol’s incentive mechanism, which is usually in the native token of the particular protocol. 

 

It is a sector that has surpassed a combined market cap of $20.5 billion and is poised to grow further, with this comes the matter of security as DePINs are only as secure as the infrastructure that makes them up. 

Security Challenges in DePINs

Let’s explore some of the security considerations that DePIN protocols present: 

Data Integrity:  DePIN protocols crowd-source for physical resources which are contributed to the protocol by participants with said resources, ensuring the accuracy and legitimacy of the contributions made by each participant is paramount as falsified information will have damaging consequences as participants are rewarded based on their contribution.

 

Privacy: The crowd-sourced nature of DePIN projects means that the protocol handles sensitive data such as user information, location data, and resource utilisation patterns. All of this data must be protected from unauthorised access.

 

Access Control to critical infrastructure components of DePIN protocols must be guided from possible invasion.

 

Integration Security Challenges: DePIN systems are composed of various components, which may include centralised infrastructure, physical resources, and blockchain architecture. These components each have their own attack vectors and must be properly and securely integrated to form a DePIN project.

Our Audit Process

Extensive Manual
Code Review

In-depth examination of code for hidden issues.

Vulnerability
Analysis

Identifying potential security weaknesses.

Offensive
Testing

 Using leading software toolkits to simulate attacks.

Development
Revisions

Providing initial feedback for improvements.

‍Final Analysis and
Report

Detailed final assessment with comprehensive findings.

The Hashlock Security Rating System

Our Blockchain audits are based on our consistent rating system, in which code is qualified based on its quality, vulnerability, future risk, and complexity. We advise that projects with a rating less than secure should not be deployed, and the Hashlocked rating is reserved for projects that value and invest in ongoing security efforts after the audit to protect their stakeholders.

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Our team will send you an estimated quote within 24-48 hours!