Thanks for all of the answers I was planning on doing that sort of Authoritative server model anyways so thanks for all the good answers!

There's nothing much you can do about it, since the whole program and all its memory are running on the host computer which is outside of your influence. Why are you concerned about memory editing? Also, there's not so much "risk of decompiling" as there is the simple ability to read the ...

Is there a possibility of my Love2D game getting memory edited? I know there's always a chance of decompiling and whatever but I'm more worried about memory editing and if it is possible are there any good protection methods?