The Rise of Mamori: Innovating Web3 Security Through Value Extraction System 🚀
In a recent development, Mamori, a blockchain startup, successfully secured $5 million in seed funding led by Blockchain Capital. The round also saw the participation of Velocity Capital and Web3.com, along with prominent angel investors such as Grigore Rosu, Daniel Lubarov, Alex Watts, Bo Du, Shujia Liang, Micheal Heinrich, and Antonio Viggiano. This fundraising round brings Mamori’s total funding to date to $5 million.
Augmenting Web3 Security with Machine Learning
- Mamori is focused on bolstering web3 security through the development of an innovative algorithm that can identify vulnerabilities in blockchain-based software.
- The unique aspect of Mamori’s approach is that it does not rely on historical exploit data; instead, it analyzes the potential exploits that could arise by extracting value from blockchain-based software.
- This cutting-edge methodology is known as a machine learning-enabled value extraction system, which can address zero-day vulnerabilities, known issues awaiting patches, scalability challenges, and automation-related issues.
Transforming Blockchain Security With Advanced Tools
“Mamori’s tools play a crucial role in eradicating programming errors while simultaneously understanding the contract specifications. By leveraging semantics-based formal verification tools, Mamori ensures the correctness of the program according to the set specifications. The proof of correctness is then ZK-SNARKed and stored on the blockchain as verifiable evidence,” explained Grigore Rosu, a prominent advisor to Mamori.
Hot Take: Revolutionizing Web3 Security Landscape 🌐
With Mamori’s groundbreaking approach to enhancing web3 security through its value extraction system, the blockchain ecosystem is set to witness a significant transformation. By leveraging machine learning techniques and innovative tools, Mamori aims to address critical security challenges and pave the way for a more secure and robust blockchain environment.
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