I have also previously envisioned a plan for a Cryptoworld Insurance Fund. In my plan, there are the following participants: the insurance fund, users, and security alliances (divided into two categories: one is the Full-Chain Security Alliance, including major exchanges, major projects, major public chain platforms, and law firms. According to the Full-Chain Security Alliance agreement, accounts suspected of hacking and stolen assets can be precisely locked and provide highly operational retrieval. The second type is the Technical Security Alliance. There will be strict boundaries between the fund and this type of alliance to ensure a highly certain "no evil" space. The fund will purchase corresponding technical services from this type of alliance for the use of risk contracts.). Users can purchase insurance for the assets in their current wallet. This insurance is designed as a contract. After the contract is signed, a key will be generated, which will be the only proof of the policy. In the event of a security incident, the insurance fund will initiate the following procedures: First, verification. The fund will work with the security alliance to review the stolen process to confirm it as a security incident (to avoid malicious claims). Second, after confirming it as a true security incident, the fund will notify the partners to blacklist the hacker's wallet and conduct real-time monitoring. At the same time, public announcements will be made on social media. Third, the fund will request participants to provide a new, secure wallet for claims according to the conditions of the hedge contract. Fourth, the fund will also require participants to sign a partial waiver statement, transferring the litigation rights of the stolen assets to the foundation. At the same time, the foundation will obtain partial ownership of the stolen assets (about 50%) after successfully recovering the stolen assets. Fifth, compensation will be made based on the immediate value of the stolen assets at the time of signing the waiver statement.