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New Moralis Streams Feature: Spam Detection – Moralis Web3

April 26, 2023
in Web3
Reading Time: 2 mins read
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Within the quickly evolving Web3 ecosystem, maintaining with new challenges and making certain a seamless person expertise is of utmost significance. At Moralis, we’re dedicated to offering you with the instruments you should keep forward of the curve and ship top-notch options to your customers. That’s why we’re excited to introduce the newest addition to our real-time Streams API – our Spam Detection function! 🎉

This highly effective function lets you effortlessly establish and handle spam ERC-20 tokens and NFTs, considerably enhancing the person expertise in your Web3 tasks. Let’s dive in and discover how this function works and the way it can profit your tasks.

The Downside: Cluttered Wallets and Misinformation

One frequent difficulty that plagues anybody seeking to construct a Web3 pockets or crypto platform is the presence of spam tokens and NFTs. These undesirable spam property litter the person interface and make it tough for customers to handle their property. Moreover, inexperienced customers might mistake spam tokens and NFTs for official property, probably resulting in confusion and poor funding choices.

The Answer: Moralis’ Spam Detection Function

To deal with this downside, we’ve launched a possibleSpam property to webhook gadgets like erc20Transfers, erc20Approvals, nftTokenApprovals, and nftTransfers. These can now point out whether or not a contract tackle is related to spam, phishing makes an attempt, or different suspicious actions.

By leveraging this new function, you possibly can simply establish and conceal suspicious contracts or notify your customers about potential dangers, enhancing the general person expertise in your Web3 tasks.

How We Classify Contracts as Spam

Our spam classification relies on a number of standards, together with:

Contract compliance with standardsMinting and switch actions (honeypot exercise, and many others.)Copycat contractsOther undisclosed analysis components

Neighborhood Involvement

We imagine within the energy of community-driven enhancements, so we’re engaged on an endpoint that may assist you to programmatically submit spam contracts for assessment. For now, you possibly can manually report them by way of our public submissions board.

Chain Assist

Our new Spam Detection function can be supported on all EVMs, with preliminary classification masking contracts from Ethereum mainnet, Polygon mainnet, and Binance mainnet. We’ll proceed to broaden our help to extra chains sooner or later!

Spam Detection Abstract

We’re assured that the brand new Spam Detection function will show to be a game-changer in serving to you ship an excellent higher expertise to your customers. We encourage you to present it a attempt, implement it in your Web3 tasks, and tell us your ideas!

As all the time, we’re right here to assist if in case you have any questions or want help with implementation. Keep tuned for extra thrilling updates from Moralis and pleased constructing!

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Tags: DetectionFeatureMoralisSpamStreamsWeb3
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