New York, United States, July 8, 2024, Chainwire
Shardeum companions with main web3 bug bounty platform to check community chief mainnet launch providing rewards totaling $700,000
Shardeum, an auto-scaling layer 1 blockchain, pronounces a partnership with Immunefi, a number one bug bounty and safety providers platform for Web3, to facilitate the primary Shardeum bug bounty previous to mainnet launch. The bug bounty will likely be used to additional uncover any important points and bugs within the community and can act as a serious step to make sure continued safety earlier than the Shardeum mainnet goes dwell.
Whereas Shardeum has carried out a number of inner safety audits with third-party distributors, that is the primary Shardeum bug bounty, the place people can basically try and “crack the system” via moral hacking to uncover bugs and vulnerabilities. If individuals can correctly show the idea and exhibit repeatability, they’re awarded rewards for taking part in this system. Shardeum has partnered with Immunefi to facilitate this program and allow seamless recruitment and participation of builders from world wide.
“We’re thrilled to be making this transfer with Immunefi as our trusted accomplice. Shardeum is making huge strides in 2024 and the mainnet is on the horizon. As all the time, we worth neighborhood involvement above all else, and bug bounty is one other technique to contain the neighborhood in one of the crucial necessary steps in securing the community,” says Chris Chabot, VP of Developer Relations at Shardeum.
For this particular bug bounty program, Shardeum 2 will launch “boosts” or elevated rewards for the efforts of individuals. The will increase will run from July 5 to August 16, 2024 and are divided into two classes:
- The “Core” promotion will present a complete reward of $500,000 – you may see the breakdown right here.
- The “Extra” promotion will present a complete reward of $200,000 – you may see the breakdown right here.
“The principle mission of Immunefi is to make sure that each blockchain has the chance to strengthen its safety to the best degree and shield its neighborhood from potential threats. We have been thrilled to accomplice with Shardeum, enabling them to take acceptable safety steps earlier than the mainnet launch, whereas encouraging their neighborhood members to take part in one of the crucial necessary steps within the blockchain ecosystem's lifetime,” says Immunefi's Founder and CEO. , Mitchell Amador.
Shardeum just lately introduced the launch of Part 1 of their Atomium incentivized testnet, which permits neighborhood members to take part in community vulnerability testing as effectively. In Part 1, Shardeum attracted over 483,000 distinctive individuals, representing important neighborhood engagement that can solely proceed to develop. Stage 2 is due out very quickly.
Customers who need to study extra concerning the Shardeum bug bounty or need to know how you can take part can confer with the hyperlinks above for the fundamental and extra boosts.
Media Inquiries:
media@shardeum.org
About Shardeum
Shardeum is an autoscaling layer 1 blockchain primarily based on EVM. Dynamic standing sharing helps preserve fuel expenses low and TPS excessive as participation will increase. Shardeum performs transaction-level consensus and reduces the computing energy required for validator nodes. This consensus mechanism permits anybody to run a node whereas rising decentralization.
About Immunefi
Immunefi is the most important crowdsourced safety platform for the web3. Immunefi guards over $190 billion in consumer funds throughout tasks like Chainlink, Wormhole, MakerDAO, TheGraph, Synthetix, Polygon, Optimism and extra. The corporate has paid out probably the most important bug bounties within the software program business, amounting to greater than $100 million, and pioneered the web3 bug bounty scaling customary.
ContactsDirector of DevelopmentKelsey McGuireShardeumkelsey@shardeum.orgPriyanka SharmaShardeumpriyanka@shardeum.org
This text was initially printed on Chainwire
