@Sakura please summarize this article, thanks uwu.
TLDR 
The article discusses the launch of a new web3 security platform called R.xyz, which aims to revolutionize the industry by addressing key issues around bug bounty programs, audits, and security vulnerabilities.
Key Points 
- The article highlights the balance issue in the world of bug bounty programs, where companies often rely on them for protection but don’t always get the desired results.
- It discusses the differences between audits and pen-tests, and the importance of choosing the right auditing vendor with a good reputation.
- The article introduces the upcoming R.xyz project, which promises to implement innovative solutions like “Proof of Duplicate” and “Proper Triage and White-hat Advocate Mechanism” to improve web3 security.
- The R.xyz team has over 13 years of web2 and web3 experience and aims to build a comprehensive security ecosystem to increase web3’s scalability and protection.
In-depth Summary 
The article starts by discussing the balance issue in the world of bug bounty programs. It explains that companies often rely on these programs to protect themselves, but the scenario doesn’t always work as expected. The author suggests that the solution is to build a community of experts who can identify vulnerabilities faster than the bug bounty program.
The article then delves into the differences between audits and pen-tests, highlighting that smart contract audits are performed on open-source applications that can be manually reviewed in their entirety. It also mentions the concept of “skin-in-the-game auditing,” where auditing firms deposit a portion of their service fee into the project’s bug bounty to share the risk.
The main focus of the article is the upcoming R.xyz project, which the author believes will be a game-changer for the web3 industry. R.xyz aims to reshape every aspect of the project’s cybersecurity lifecycle and become a one-stop point for asset and data protection. The article outlines some of the revolutionary features that R.xyz plans to implement, such as “Proof of Duplicate” and “Proper Triage and White-hat Advocate Mechanism.”
The author emphasizes that the R.xyz team, with its extensive web2 and web3 experience, is well-positioned to address the industry’s fundamental security issues. The project’s goal is to create a comprehensive security ecosystem that will improve web3’s scalability and protection.
ELI5 
The article talks about a new project called R.xyz that is trying to make the web3 world safer. It says that the current ways of protecting web3 projects, like bug bounty programs and audits, don’t always work well. R.xyz wants to come up with new and better ways to find and fix security problems in web3 projects. The people behind R.xyz have a lot of experience in web2 and web3, and they think their project can really help make the whole web3 industry more secure and reliable.
Writer’s Main Point 
The main point of the article is to introduce the upcoming R.xyz project, which the author believes will be a game-changer for the web3 industry. R.xyz aims to address the fundamental security issues in the web3 space by implementing innovative solutions and building a comprehensive security ecosystem.
