Forta
FORTA
Forta Feed: Events, News & Roadmap
Forta to Launch Firewall in Q4
Forta is set to officially launch Firewall in the early fourth quarter. Forta Firewall is a prevention network that detects AND stops exploits before …
Forta to Be Listed on WazirX on May 16th
WazirX will list Forta (FORTA) on the 16th of May.
Forta to Hold AMA on X on October 24th
Forta will host an AMA on X on Web3 security with MetaMask. The discussion is scheduled for October 24th 19:00 UTC.
Forta to Participate in Permissionless II in Остине on September 12th
Forta’s representative, Jonathan Alexander, from the Forta council, is participating in a fireside chat at the Permissionless II conference on Septemb…
Forta to Launch Bot Subscription Fees on August 8th
Forta is set to introduce subscription fees on August 8th.
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Listing on Hoo
Listing on Bitget
Forta Events on the Chart
What is Forta?
Forta is a project that presents a real-time detection network dedicated to the security and operational monitoring of blockchain activity. It ensures protocols and investors can swiftly react to threats, aiming to neutralize them and prevent or at least reduce the loss of funds.
Forta operates through a network of nodes that monitor the blockchain, providing alerts on detected threats. The functioning of these nodes is ensured by a staking mechanism and reward system that incentivizes nodes to perform their tasks correctly. Nodes are required to stake a certain amount of FORT tokens, which can be slashed if they fail to perform their duties correctly. The alerts provided by nodes enable users and protocols to react timely to threats.
The FORT token, an ERC-20 token on the Ethereum network, has multiple uses within the Forta ecosystem. It is used for staking by nodes and detection bots to ensure the economic security of their work. Additionally, FORT holders can delegate their tokens to node pools, enhancing the security of the network and participating in the rewards distribution. A minimum stake of FORT is required for any bot to operate in the network, protecting it from spam and malicious bots. The token also enables holders to participate in governance voting, contributing to the evolution of the Forta project.