#CryptoSecurity101 Web3 leverages cryptography and blockchain technology to offer a more secure and decentralized internet experience compared to Web2. While Web3 offers potential benefits like data ownership and censorship resistance, it also presents unique cybersecurity challenges due to its reliance on blockchain and decentralized applications (dApps).

Web3 Security Features:

Decentralization:

Web3's decentralized nature reduces the risk of single points of failure, making it harder for attackers to compromise the entire system.

Blockchain Technology:

Blockchain ensures data is recorded securely and cannot be altered without network consensus, promoting data integrity.

Cryptography:

Cryptographic mechanisms, like public and private keys, secure transactions and manage user identities, enhancing security.

Web3 Security Risks:

Smart Contract Vulnerabilities: Attackers can exploit vulnerabilities in smart contract logic, leading to data breaches or asset theft.

Front-running Attacks: Attackers can manipulate transactions to their advantage by seeing pending transactions.