Telos Signs MOU with Hacken For Enhancing Real-Time Security

Hacken and the Telos Foundation are excited to announce a collaboration to elevate security standards within the Telos blockchain ecosystem. This collaboration, formalized through a Memorandum of Understanding (MOU), will leverage Hacken’s advanced Extractor monitoring system to provide real-time security for Telos EVM.

MOU Highlights

• Extractor Engine Integration: The Extractor will integrate Telos RPC to ingest and parse data from nodes for core data entities and implement real-time streaming pipelines. Next, various security triggers and detectors, including failed transactions, token transfers, blocklist/allowlist addresses, arbitrary events, function calls, and attack detection, will be implemented. Complete integration is to be completed within five weeks.
• Monthly Quality Assurance Reports: Hacken will support the Telos Foundation by delivering eight comprehensive quality assurance reports per month, covering system overviews, audits, code quality, security impacts, documentation, risks, and overall project health.
• Discounts for Telos Ecosystem Projects: Hacken will offer 30%- 40% discounts on Extractor for all projects built on Telos.
• Trusted Security Partner: The Telos Foundation will highlight Hacken as a trusted security partner for collaborations and work closely with Hacken on future technical developments as needed.

About Hacken Extractor

Extractor is a post-deployment security solution developed by Hacken for real-time attack detection and prevention. It continuously monitors project contracts and addresses, checking every transaction against predefined interceptors and detectors. The platform’s Default Attack Detector alerts and triggers protection mechanisms upon detecting suspicious activities, ensuring robust defense against potential threats.

The Extractor platform offers comprehensive security solutions, including:

• Cross-chain protection.
• Affordable pricing models.
• Decentralized contribution capabilities.
• Customizable security triggers and custom Detectors with Detectors SDK.
• Automated Protection functionality.
• Trusted brand with seven years of experience in smart contract vulnerability exploration.

About Telos Foundation

Telos is a high-performance EVM-compatible blockchain known for its zero-knowledge technology, massive scalability, and low latency. Some of Telos’ standout innovations include:

• SNARKtor: A protocol for decentralized recursive proof aggregation that enhances blockchain scalability, efficiency, and security.
• Telos zkEVM: Leveraging SNARKtor for scalable SNARKs verification, this layer provides massively scalable data protection, regulatory compliance, and trustless interoperability.
• Telos EVM: Offering hyper-speed transactions with low gas fees and no downtime, addressing the limitations of other Layer 1 blockchains.

Telos has a global community of over 1000 developers and hosts over 100 decentralized applications, ranging from NFT platforms to DeFi and GameFi projects. Its robust ecosystem and innovative technological foundation make it a prime destination for blockchain developers and innovators.

Conclusion

This MOU marks a significant step forward in blockchain security, with Hacken and Telos Foundation leading the way. By leveraging advanced security technologies and collaborative efforts, this partnership aims to set new standards in the blockchain industry, ensuring a secure and compliant environment for all stakeholders.

For more information, visit Extractor’s website and Telos Foundation’s website.