Ethereum 2.0 launches new Bug Bounty Program

Ethereum 2.0 bug bounty

TLDR Breakdown

  • Payouts available for hackers who point out critical vulnerabilities
  • Ethereum supports smart contracts
  • Developers debate disclosure protocols

Ethereum Bounty Program and payouts

Payouts of up to $50,000 have been offered for hackers who can bring attention to vulnerabilities that could break the chain and affect the protocol, and its clients: Lighthouse, Prysm and Teku. Under the Bounty Program, bounties will be presented for bugs identified in the protocol and clients.

The protocol has a clear goal – to deliver stable protocols and secure software upon release.

Hackers who identify these vulnerabilities will have a place on the leader board as well as a personal entry in the Genesis block . If a fault is identified, it could damage the reputation of the smart contracting platform, as well as calling into question the need of transiting to a new consensus algorithm. Continue Reading

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When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound