Oren from SphereX - decentralized and proactive protection as the next crypto security frontier

Summary

In this episode, we discuss with Oren Fine, co-founder of SphereX, the importance of security in the crypto space and how SphereX is on a mission to bring proactive protection to protocols and smart contracts. 

Oren shares his background in cybersecurity and how he became interested in Web3 and also explains how Spheerex protects protocols by blocking malicious transactions in real-time before they're executed. This is big difference from ex-post reporting of hacks and lost funds. 

We talk about the challenges of the market education. Most projects these days equate security with security audit or transaction monitoring.  We touch on the future of SphereX in 2024, what dream clients would Oren love to get for SphereX and Oren also provides guidance for users on choosing trustworthy protocols.

I really enjoyed this chat, and I believe what the SphereX team is trying to do is a very much-needed step up for the security in our Web3 space.

Takeaways

• Security is a crucial aspect of the crypto space, and SphereX aims to provide real-time protection for protocols and applications.

• SphereX blocks malicious transactions before they are finalized, ensuring security of funds in decentralized ecosystems.

• The main challenges for SphereX are market education and onboarding more customers, including DeFi protocols and layer one and layer two chains.

• Users should look for reputable teams behind projects and ensure they see decentralization and continuity plans in the protocols they interact with.

• Oren's dream clients for SphereX include major DeFi protocols like Uniswap and Aave. I keep my fingers crossed for the team to get these clients onboard in 2024!

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Chapters

00:00 Introduction and Background

03:02 The Birth of Spheerex and its Mission

06:11 How Spheerex Protects Protocols

10:04 Spheerex's Progress and Challenges

26:57 Market Education and Bull Cycles

32:59 Guidance for Users and Dream Clients

36:59 Closing Remarks

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Share

• SphereX website: https://www.spherex.xyz/

• SphereX's Twitter (X): https://twitter.com/SpherexTech

• Oren's Twitter (X): https://twitter.com/fineoren

• SphereX's LinkedIn profile - https://www.linkedin.com/company/spherex-technologies/

Go check them out!

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I don't want to miss next cool episode

That's it, friends. I hope you enjoyed the episode, and let me know what you think on Twitter (X) or Farcaster. Till next time … keep it colorful!