Luganodes X Venn: Proactive Cybersecurity for Web3

Luganodes is excited to announce a strategic partnership with Venn, a decentralized cybersecurity infrastructure protecting blockchain applications and protocols from malicious activities and economic risks. Through this collaboration, Luganodes will run validators for Venn, further solidifying its commitment to providing secure, reliable infrastructure for the blockchain ecosystem.

As Web3 continues to evolve, so too does the sophistication of threats targeting its infrastructure. Traditional security measures such as smart contract audits, monitoring algorithms, and static analysis tools are often insufficient in defending against advanced exploits like zero-day vulnerabilities, social engineering attacks, and other forms of malicious activity. These measures typically focus on post-incident damage control, rather than proactively preventing attacks, leaving blockchain applications exposed to risks that can disrupt their operations and compromise user assets.

The fragmented nature of blockchain security further exacerbates this challenge, with existing solutions often working in isolation rather than as part of an interconnected system. This lack of cohesion limits the collective potential of the tools available, making it difficult to adopt a comprehensive defense strategy.

Venn addresses these shortcomings by introducing a proactive, decentralized security architecture. At its core, Venn’s Actively Validated Service (AVS) leverages the crypto-economic security provided by EigenLayer to secure blockchain applications in real-time. Rather than waiting for incidents to occur, it stops malicious transactions before they can affect the blockchain’s state, ensuring uninterrupted operational continuity for decentralized applications.

Key Innovations:

• Decentralized Transaction Validation: Venn’s Security Network consists of decentralized node operators responsible for examining transactions before they are committed to the blockchain. This proactive validation process ensures transactions undergo rigorous scrutiny, blocking malicious activities early in the process.
• On-chain and Off-chain Security Integration: Venn integrates both off-chain computation and on-chain execution to provide a robust defense layer. Off-chain security operators analyze transactions using multiple algorithms, while on-chain smart contracts enforce security policies during the execution phase, ensuring malicious transactions are blocked in real-time.
• Cost-Effective Security: By utilizing a decentralized network, Venn eliminates the need for high capital expenditure on security infrastructure, offering advanced protection at a lower cost.

Venn’s decentralized architecture relies on a network of validators to execute its security protocols. These validators are responsible for validating transactions while ensuring that any transactions flagged as malicious are blocked before they reach the blockchain. This validation network is a key component of Venn’s innovative cybersecurity approach, leveraging diverse algorithms and decentralized consensus to provide a more resilient, scalable defense mechanism.

With Luganodes running validators for Venn, this partnership ensures that Venn’s infrastructure is supported by Luganodes’ robust, institutional-grade staking solutions. Luganodes validators will play a crucial role in securing the network and contributing to its proactive defense strategies. Luganodes will enhance Venn’s ability to proactively secure blockchain applications while ensuring a seamless, reliable experience for developers and users alike.

This partnership underscores our shared vision of a secure and resilient blockchain ecosystem. This partnership combines Luganodes’ expertise in blockchain infrastructure with Venn’s cutting-edge cybersecurity technology. By providing validator services, Together, Luganodes and Venn are building the backbone of Web3 security, ensuring a safer future for blockchain technology.

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.