Forta is a real-time detection network for security & operational monitoring of blockchain activity. Forta is a decentralized, community-based monitoring network to detect threats and anomalies on DeFi, NFT, governance, bridges and other Web3 systems in real-time.
Given timely and relevant alerts about the security and health of owned or dependent systems, protocols and investors can react quickly to neutralize threats and prevent or minimize loss of funds.
Forta comprises a decentralized network of independent node operators that scan all transactions and block-by-block state changes for outlier transactions and threats. When an issue is detected, node operators send alerts to subscribers of potential risks, which enables them to take action.
Leveraging Forta, developers can build detection bots and machine learning models, and run them on the decentralized Forta network to uncover anomalous activity on every blockchain transaction.
Forta will be secured and governed by smart contracts and the use of the $FORT utility and governance token.
The $FORT token is a utility and governance token.
It can be used in the following ways:
- Node Runner Staking. Node runners must deposit $FORT Tokens to provide economic security for the work they are performing, since the staked $FORT can be slashed if a node fails to execute their assigned work or performs their work maliciously. Once $FORT is staked, it may only be withdrawn subject to a thawing period, which provides ample opportunity for verification and dispute resolution.
- Detection Bot Signaling. Developers may stake $FORT Tokens on Detection Bots, signaling Detection Bot quality to the Network and also providing a Sybil resistance mechanism. Having fake or low quality Detection Bots on the Network makes it harder to find the best detection offerings. Detection Bots with higher signal will also be afforded additional node resources to increase security, reliability, and performance.
