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), leverages Hacken’s advanced Extractor monitoring system to provide real-time security for Telos EVM.

UPDATE: Extractor Integration Progress

As part of our collaboration, we have already achieved Milestone 1: Telos Blockchain Ingestion and Milestone 2: Extractor Engine Integration.

Telos Layer-1 Blockchain has been successfully integrated with Extractor and now provides nearly identical functionality with other EVM-compatible Blockchains:

• Transactional Monitoring
• Dangerous Activity Detection (Blacklist, Proxy Upgrade, Ownership Change)
• Extractor Native Attack Detector

Let’s see how our post-deployment security solution already helps Telos with attack detection and prevention.

Integration with Telos Explorer

Extractor integrates with Telos Explorer to show Transaction details and automatically resolve ABI definition when a new contract is added:

Transactional Triggers

At the transactional level, Extractor supports the following set of Telos transactional triggers:

• ERC20 Transfer
• Blacklisted Callers
• Whitelisted Callers
• Failed Transaction
• Transaction Parameters
• Function Call
• Event Emitted

Extractor Dashboard for Telos

The Dashboard demonstrates different functionality Smart Contracts under monitoring which you would usually find for large Web3 projects: Bridge, Staking Vault, Oracles, Governance Components, Token Contract.

Transaction Details and Alert Monitoring for Telos (TLOS)

Telos native token (TLOS) is represented on Ethereum as an ERC-20 Contract. Bridge functionality is integrated into the Token Contract and can be easily monitored with two triggers:

Extractor can provide comprehensive monitoring of transactional activities, including real-time alerts for various events and detailed insights into the transaction parameters.

This image shows the Extractor’s capability to monitor transaction details for bridging TLOS from Ethereum to Telos, utilizing LayerZero infrastructure. The low-severity alert provides specific parameters such as destination address, source address, chain ID, and the amount transferred.

Next On Our Roadmap

Compliance Detectors and Automatic Protection

Next on our roadmap is to add a new set of Compliance Detectors and Automatic Protection functionality.

Forta Attack Detector Coming to Telos

Extractor is a partner of Forta Foundation and integrates Forta Attack Detector in a default subscription package. As soon as Forta adds support for the Telos network, it will be immediately available in Extractor as well.

---

Telos x Hacken: MOU Agenda and Highlights

• Extractor Engine Integration: The Extractor has integrated Telos RPC to ingest and parse data from nodes for core data entities and implement real-time streaming pipelines. Many security triggers and detectors, including failed transactions, token transfers, blocklist/allowlist addresses, arbitrary events, function calls, and attack detection, were also implemented.
• Monthly Quality Assurance Reports: Hacken to 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 offers 30%- 40% discounts on Extractor for all projects built on Telos.
• Trusted Security Partner: The Telos Foundation to 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.