Skip to content

RFP Proposal: TxShield - Transaction Safety Simulator #2538

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Closed
wants to merge 12 commits into from
155 changes: 155 additions & 0 deletions applications/TxShield.md
Original file line number Diff line number Diff line change
@@ -0,0 +1,155 @@
**TxShield:** Transaction Safety Simulator 🚀

**Status:** Open (MVP built, ready for beta launch) 🌟

**Proposer:** (GitHub: HoodClock)

**MVP Official Docs:** github.com/HoodClock/OfficialDocs

**MVP Demo:** safe-tx-simulator.vercel.app


**Projects This Work Could Be Useful For 🌍:**

**Wallets**– Boosts wallet safety with transaction previews

**Polygon** – Enhances L2 transaction reliability

**Ethers.js** – Complements its ecosystem with simulation tools


**Teams/People That Could Deliver the RFP 👥:**

Moiz Ali (me) – Lead Dev with 1.5+ years in Web3, built TxShield MVP

Available Frontend Dev – Ready to refine UI/UX for beta


_**Project Description 📄✨**_

Why TxShield?

TxShield is a transaction simulation platform shielding Web3 users from pitfalls like failed transactions, high gas fees, and honeypot scams—costing Ethereum users $103M+ from 2018–2024 (per scam reports). Using Ethers.js and Next.js, it previews transactions, nails gas estimates, and flags risks (e.g., “High Gas Fees Detected: Possible Honeypot!”). It empowers 21M+ MetaMask users to transact safely, cutting losses and building trust.


Why It’s Useful 🌟:

Ethereum Ecosystem: Tackles failed txns ($100K lost once) and scams, aligning with Web3 Foundation’s safety goals 🛡️
Cross-Chain Potential: Supports Ethereum, Polygon, Optimism (Sepolia, Chain ID: 11155111), with Polkadot plans 🚀
Developer Utility: Open-source (MIT) at github.com/HoodClock/SafeTxSimulator for safer dApps 🌐

Deliverables 🔩⚙️

Total Estimated Duration: 6 months

Full-Time Equivalent (FTE): 120 days

Total Costs: $45,000 USD


Milestone 1: Infrastructure & Pre-Launch Prep 🏗️
Duration: 1 month
FTE: 20 days
Costs: $7,500 USD
| # | Deliverable | Specification |
|---|-------------|---------------|
| 1 | Backend Optimization | Upgrade Node.js servers for 50K users, cut latency from 2s to 1.6s (20%) ⚡ |
| 2 | Contract Database Expansion | Add 10K signatures (e.g., high-tax) for 85%→90% honeypot accuracy 🕵️ |
| 3 | Multi-Network Integration | Extend Ethers.js to Polygon/Optimism, test on Sepolia (11155111) 🌍 |
| 4 | Onboarding Flow | One-click MetaMask integration for seamless access 🔗 |


Milestone 2: Beta Launch & Early Adoption 🚀
Duration: 1 month
FTE: 20 days
Costs: $7,500 USD
| # | Deliverable | Specification |
|---|-------------|---------------|
| 1 | Beta Release | Launch to 10K users via X, Discord, r/ethereum 📣 |
| 2 | Core Features | Simulation (revert detection), gas (0.000021 ETH = $0.04), scam alerts 🛠️ |
| 3 | Initial UI | Next.js UI with recipient input, financial summaries (ETH price, balances) 🎨 |


Milestone 3: Feedback & Iteration 🔄
Duration: 2 months
FTE: 40 days
Costs: $15,000 USD
| # | Deliverable | Specification |
|---|-------------|---------------|
| 1 | Feedback System | In-app surveys + Discord for 80% satisfaction target 📊 |
| 2 | Gas Enhancement | Add EIP-1559 congestion data for ±5% accuracy ⛽ |
| 3 | Scam Detection Upgrade | Refine algo with beta data for 92% accuracy 🕵️‍♂️ |
| 4 | Bug Fixes | Fix issues (e.g., balance errors) in 48hrs 🐞 |


Milestone 4: Scale & Impact Reporting 📈
Duration: 2 months
FTE: 40 days
Costs: $15,000 USD
| # | Deliverable | Specification |
|---|-------------|---------------|
| 1 | User Scaling | Grow to 50K users via MetaMask/Web3 marketing (Gitcoin) 🌐 |
| 2 | Performance Tuning | Ensure <1% downtime, <3s sim times under load ⚙️ |
| 3 | Impact Report | Show 500K sims, $50K gas savings, $1M scam prevention 📝 |
| 4 | Open-Source Docs | Release code/docs at github.com/HoodClock/SafeTxSimulator 📖 |


Technical Stack 🔧:

Frontend: Next.js/React – Responsive UI with hooks
Backend: Node.js/Ethers.js – Drives simulation/gas
Detection: Custom bytecode analysis for honeypot flags
Database: Scalable 10K+ signature store


**Team 👥:**

Moiz Ali: Lead Dev – 1.5+ yrs Web3, built TxShield + Documint (NFTs) 💻

Frontend Dev: Available to polish beta UI/UX 🖌️

**Contact**
Contact Name: Moiz Ali
Contact Email: [email protected]



**Attachments 📎:**

Pitch Deck: github.com/HoodClock/OfficialDocs 📈

**Screenshots:** ![success-tranaciton](https://github.com/user-attachments/assets/1fb824b4-e3c4-4476-8add-7bd4703901a7)


**Custom Honeypot smart-contract made by me for testing**

![Honeypot_Contract](https://github.com/user-attachments/assets/08c75d9c-ed42-452a-8ae8-265248cf1748)

Open-Source Code: **github.com/HoodClock/SafeTxSimulator 🌐**



**Impact Goals 🎯:**

Prevent $1M in scam losses yearly
Save $50K in gas fees for beta users
Boost Web3 trust for 50K+ users



**Why TxShield? 🌟**

Unlike basic wallet tools, TxShield delivers simulation, precise costing, and scam detection—all open-source for max impact!


**Predict the Risk. Prevent the Loss. 🔐**
Every day, crypto users lose millions to honeypot scams, malicious contracts, and preventable transaction failures. TxShield stops the bleeding—simulating risks before they become losses.

We’re not just building a tool—we’re rewriting crypto’s weakest link: blind transactions.

With your support, we can turn:
⚠️ "I got scammed" → ✅ "TxShield warned me"
⚠️ "My tx failed" → ✅ "I optimized it first"

Let’s make safe transactions the new standard.
The future of Web3 starts with trust by default.
Loading