There are a lot of concerns and risks around Web3 and blockchain tech. For Web3 to truly flourish, many of these risks must be addressed before mass adoption begins. Web3 still has a lot of potential growth, and enormous strides have been made to create infrastructure to support this new age of the internet. Though for mass adoption to begin, people must be able to trust Web3 as a secure and legitimate technology Some of the more prominent risks include:

• The hacking of smart contracts
• Web3 developers’ security risk
• The risks of cryptojacking
• Web3 has no regulatory best practices
• The concerns of information quality and policing
• Manipulation of data in Web3 Dapps

Each of these topics has quite a lot to unpack, so let’s take some time to break down these significant Web3 security risks.

• Hacking into the Smart Contracts
• Web3 developers’ security risk
• The risks of cryptojacking
• Web3 has no regulatory best practices
• The concerns of information quality
• The manipulation of data in Web3 Dapps