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Secured #4: Bug Bounty Rewards now as much as $250,000 USD

by SB Crypto Guru News
September 15, 2022
in Ethereum
Reading Time: 4 mins read
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Secured #4: Bug Bounty Rewards now as much as $250,000 USD

The Ethereum Basis Bug Bounty Program is likely one of the earliest and longest working applications of its variety. It was launched in 2015 and focused the Ethereum PoW mainnet and associated software program. In 2020, a second Bug Bounty Program for the brand new Proof-of-Stake Consensus Layer was launched, working alongside the unique Bug Bounty Program.

The break up of those applications is historic because of the approach the Proof-of-Stake Consensus Layer was architected individually and in parallel to the prevailing Execution Layer (contained in the PoW chain). For the reason that launch of the Beacon Chain in December of 2020, the technical structure between the Execution Layer and the Consensus Layer has been distinct, aside from the deposit contract, so the 2 bug bounty applications have remained separated.

In gentle of the approaching Merge, in the present day we’re completely satisfied to announce that these two applications have been efficiently merged by the superior ethereum.org crew, and that the max bounty reward has been considerably elevated!

Merge (of the Bug Bounty Applications) ✨

With The Merge approaching, the 2 beforehand disparate bug bounty applications have been merged into one.

Because the Execution Layer and Consensus Layer turn out to be increasingly interconnected, it’s more and more beneficial to mix the safety efforts of those layers. There are already a number of efforts being organized by consumer groups and the neighborhood to additional improve data and experience throughout the 2 layers. Unifying the Bounty Program will additional improve visibility and coordination efforts on figuring out and mitigating vulnerabilities.

Elevated Rewards ?

The max reward of the Bounty Program is now $250,000 (paid out in ETH or DAI) for vulnerabilities in scope. Upgrades stay on public testnets and focused for a Mainnet launch are additionally scope, and rewards are doubled throughout this time, which signifies that the max reward is $500,000 throughout these durations!

In complete, this marks a 10x improve from the earlier most payout on Consensus Layer bounties and a 20x improve from the earlier max payout on Execution Layer bounties.

Influence Measurement ?

The Bug Bounty Program is primarily targeted on securing the bottom layer of the Ethereum Community. With this in thoughts, the influence of a vulnerability is in direct correlation to the influence on the community as a complete.

Whereas, for instance, a Denial of Service vulnerability present in a consumer being utilized by <1% of the community would definitely trigger points for the customers of this consumer, it will have a better influence on the Ethereum Community if the identical vulnerability existed in a consumer utilized by >30% of the community.

Visibility ?

Along with the merge of the bounty applications and improve of the max reward, a number of steps have been taken to make clear learn how to report vulnerabilities.

Github Safety

Repositories resembling ethereum/consensus-specs and ethereum/go-ethereum now include info on learn how to report vulnerabilities in SECURITY.md recordsdata.

safety.txt

safety.txt is applied and incorporates details about learn how to report vulnerabilities. The file itself may be discovered right here.

DNS Safety TXT

DNS Safety TXT is applied and incorporates details about learn how to report vulnerabilities. This entry may be seen by working dig _security.ethereum.org TXT.

How will you get began? ?

With 9 completely different purchasers written in numerous languages, Solidity, the Specs, and the deposit good contract all inside the scope of the bounty program, there’s a loads for bounty hunters to dig into.

When you’re in search of some concepts of the place to start out your bug searching journey, check out the beforehand reported vulnerabilities. This was final up to date in March and incorporates all of the reported vulnerabilities we’ve on file, up till the Altair community improve.

We’re wanting ahead to your reviews! ?



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Tags: Bitcoin NewsBountybugCrypto NewsCrypto UpdatesLatest News on CryptoRewardsSB Crypto Guru NewsSecuredUSD
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