Why are you participating for Based LatAm?

We are three Argentinian developers eager to validate and build a project we are passionate about. We believe it's viable and will help protect users while creating a self-sustaining community. Our approach transforms bots that usually seek an advantage into allies that work to safeguard the network, incentivizing them to collaborate. We're not just here to participate in the hackathon but also to continue developing this idea—and most importantly, to have fun while doing it!

What challenges are you focusing on?

Argentina and LATAM have a large crypto adoption and a growing user base, not just among crypto enthusiasts, but also among people who receive their salaries or store their savings in crypto to avoid local economic issues. This makes us frequent targets of scams, hacks, and exploit attempts. With our decentralized app, we aim to ensure safer transactions, protecting the community from these risks.

By using the Base blockchain, we bring in more users thanks to its low costs and ease of access through smart wallets. Not only do we protect users, but we also support those who want to investigate any transactions that may harm them. This could be a security expert alerting about a new exploit, a company auditing smart contracts or enforcing compliance rules with suspicious wallets, or even a bot analyzing NFT prices to warn users if they are selling far below market value.

We achieve this through a decentralized approach, where each agent analyzing transactions is free to do so in their own way, fostering healthy competition among agents to find the best solution for the user. This system drives agents to continuously improve and deliver optimal protection, ultimately benefiting the entire community.

How does your submission address this challenge?

Problem:
Blockchain users face scams, unfair competition, and threats from malicious bots. These bots are often seen as entities exploiting users.
We want to change this, turning bots into allies that detect issues before transactions are completed, preventing losses.

Our Solution:
A decentralized dApp that acts as a "firewall" for blockchain transactions, protecting users before harmful transactions are sent.

Innovation :
Our decentralized approach means independent bots, incentivized to detect issues, review transactions, not us.

User Benefits

Real-Time Alerts: Users receive alerts about potential risks, like interacting with malicious contracts or sending tokens to fraudulent addresses.
Security: Automatic protection without complex user analysis.
Transparent: Users can continue using all their dApps normally.
Pay-as-You-Go: Free to the user, only pays if he wants to block a transaction.
Unified Solution: Combines multiple security solutions into one for ease of use.

Problems We Solve

Malicious Contracts: Prevents interacting with malicios code contracts.
Suspicious Wallets: Alerts users about fraudulent, scam wallets.
Incorrect NFT Prices: Helps users avoid buying/selling NFTs at incorrect prices.
Unwanted Transactions: Prevents interactions with non-existent wallets or incorrect recipients.

How It Works

Sending: User configures our RPC in their wallet and sends a transaction.
Bot Review: Bots analyze the transaction within 5 seconds.
Detection: Bots flag issues and notify the system.
Notification: User gets a notification and has 1 minute to block or approve the transaction.
Execution: If flagged, the user can block the transaction; otherwise, it proceeds to the blockchain.

Benefits for Bots

Earn Through Analysis: Bots earn rewards based on quality, not speed.
Bounty System: Bots are rewarded if they detect issues and the user blocks the transaction.
Pre-Authorized Payment: Funds are pre-approved to reward bots that prevent errors.

Challenges we ran into

Since our platform is decentralized, we had to assign bots that join our system to a database in order to give them a name, allowing users to view and later categorize them as part of a reputation system. To achieve this, we implemented basenames, enabling bots to log in with an account that is associated with their reputation and name, helping users easily identify each bot. we coded this on the app

We need to address an issue that could be exploited within our platform: a bot could potentially send false warnings to a client, causing the client to block a transaction out of caution. If it is later discovered that the transaction was safe, we need a mechanism to manage the bot's reputation. This will allow users to build and evaluate the reputation of the bots over time. As a solution, we plan to integrate Talent Protocol, linking the name service with each bot and its reputation. Our implementation will be similar to the concept of Builder Score, where each bot's reputation will be built upon verified activities.

One key advantage is that the reputation system will be shared across multiple chains, allowing bots to build up their reputation on one chain and then carry that base reputation over when joining another chain. This promotes trust and interoperability across different networks.

Regarding wallet integration, we plan to implement the Coinbase Smart Wallet as it aligns with our role as an RPC provider. This approach will enhance wallet security by allowing modifications to the network configuration. It is one of our key components, giving users the flexibility to choose and use any wallet they prefer.