Cryptocurrency News
Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge
2022.08.24 21:41
Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge
The Ethereum Foundation has announced it will be increasing the network’s bug bounty payouts fourfold ahead of the blockchain’s transition to proof-of-stake.
In a Wednesday blog post, the Ethereum Foundation said between Aug. 24 and Sept. 8, all “Merge-related bounties for vulnerabilities” will be quadrupled for white hats testing the network. According to the foundation, identifying “critical bugs” — those that have a high impact or likelihood of a high impact on the blockchain — will be worth up to $1 million. The bounty program also allows submissions for low, medium and high-risk bugs.
