Klaytn (KLAY) is a public, open-source Layer 1 blockchain platform established by Kakao, the South Korean internet technology giant and creator of the popular messaging app KakaoTalk. Klaytn’s core mission is to serve as the premier blockchain for Metaverse, GameFi (Decentralized Gaming), and NFT projects, particularly targeting the rapidly growing […]
Month: October 2025
Blockchain technology is designed to provide transparency, integrity, and resistance to unauthorized changes. But a blockchain is not automatically secure simply because it uses cryptography or decentralization. Blockchain security risks can exist at almost every layer of a blockchain ecosystem, including the consensus mechanism, network, wallets, smart contracts, exchanges, bridges, […]
A 51% attack is a blockchain consensus attack in which an attacker or coordinated group gains enough control over a network’s consensus mechanism to influence which version of the blockchain is accepted. On a Proof-of-Work (PoW) blockchain such as Bitcoin, this generally means gaining majority control of the network’s hashing […]
Smart contracts are a core component of blockchain and decentralized applications, allowing agreements and transactions to execute automatically without a traditional intermediary. However, vulnerabilities in smart contract code can lead to unauthorized access, financial losses, data manipulation, and other serious security problems. Because blockchain transactions are generally irreversible and deployed […]
Smart contracts can automate actions on a blockchain when specified conditions are met. But code that executes automatically is not automatically a complete or legally enforceable contract. Legal risk can arise when the code, written agreement, parties’ intentions, or applicable law do not align. This guide covers common legal issues […]
