Pseudonymous crypto sleuth Ogle, renowned for tracking down DeFi hackers and recovering stolen funds, is launching a new layer-1 blockchain called Glue. This innovative blockchain emphasizes security and aims to deter attackers by significantly raising the stakes against them.

Key Features of Glue Blockchain

1. Security-Focused Architecture:
- Glue plans to create a robust security environment that disincentivizes malicious activities. By increasing the potential personal cost for attackers, Glue aims to make them think twice before launching attacks.
- The blockchain will fund a security initiative called the Glue Security Fund (GSF) through a minor tax on every transaction. This fund will finance security audits and other measures to enhance the overall security of the blockchain.

2. Enhanced User Experience - Glue will feature an activity hub, Glue Hub, which aggregates DeFi services for users, providing a centralized and user-friendly interface similar to centralized exchanges like Coinbase.
- This design contrasts with most blockchains, where users typically navigate various services independently. The goal is to attract not only crypto enthusiasts but also traditional financial professionals and regular users.

3. Permissionless and Transparent Development
- While Glue Hub will offer curated services, the blockchain remains permissionless, allowing anyone to build and launch applications. Projects that pass Glue’s security audits can integrate with Glue Hub.
- Audits, funded by the GSF, will be more transparent. Ogle criticizes current industry practices where only favorable audit reports are published, advocating for full disclosure to improve security standards.

4. Multi-Signature Transactions:
- All transactions on Glue will require multi-signature (multi-sig) approvals, enhancing security by necessitating multiple authorizations for any fund movement.
- This setup facilitates the development of third-party tools to monitor and flag unusual activities, providing additional layers of protection against potential threats.

5. Proactive Security Measures:
- Glue will maintain funds specifically for tracking and recovering stolen assets. Ogle, with a track record of recovering funds for various exploited projects, underscores the importance of this proactive approach.
- Any security service, from vigilante detectives to auditors, can apply for grants from the GSF, with Glue token holders deciding on the allocations.

Market Position and Strategy

Glue has raised significant attention and capital, achieving a $1.4 billion valuation in a public token sale. Despite lacking the name-brand appeal of other upcoming blockchains like Monad and Berachain, Glue’s guerrilla marketing tactics and unique security proposition have generated intrigue.

The blockchain aims to cater to the 90% of crypto users who prefer centralized exchanges, offering them a secure, centralized-like experience within a decentralized framework. This strategic focus could differentiate Glue in a crowded market of layer-1 blockchains.

Conclusion

Ogle's Glue blockchain represents a novel approach to addressing security concerns in the crypto space. By combining robust security measures, a user-friendly interface, and transparent auditing practices, Glue seeks to create a safer environment for DeFi users and attract a broader audience. This security-centric approach, backed by proactive measures and a dedicated fund, positions Glue as a potential game-changer in the blockchain industry.