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    Home»Crypto»Solana offers $1M bug bounty for Firedancer debut
    Crypto

    Solana offers $1M bug bounty for Firedancer debut

    ElcioBy ElcioJuly 8, 2024No Comments4 Mins Read0 Views
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    Bounce Crypto has launched a brand new bug bounty program focusing on the preliminary launch of the third-party Solana validator consumer Firedancer. Firedancer v0.1 (also called Frankendancer), developed by Bounce Crypto, will endure an intensive safety evaluation section and include a $1 million bounty pool by means of the cybersecurity platform Immunefi.

    Firedancer represents a groundbreaking addition to Solana’s blockchain infrastructure. This new validator consumer is constructed with a bilingual C and Rust basis, optimized for high-speed and safe blockchain operations. Throughout a dwell demonstration in 2022, Firedancer displayed It has the flexibility to course of over 1 million transactions per second.

    Designed from the bottom up, Firedancer introduces a important layer of buyer range to the Solana ecosystem. In comparison with current purchasers, that are primarily derivatives of Solana’s native implementation, Firedancer’s standalone code base considerably reduces dangers related to provide chain assaults and customary points. loopholes Inherent to the unified system.

    Solana’s Firedancer Makes Massive Progress

    as detailed Creator: Bounce Crypto engineer @CantelopePeel, by way of X (previously Twitter), identified that Firedancer’s growth milestone is essential. Prospects have efficiently carried out thousands and thousands of Solana protocol compliant sockets. Moreover, the appliance of differential fuzz testing throughout totally different elements (from the SBPF ELF loader to native program execution) demonstrates a proactive strategy to discovering and mitigating potential safety flaws.

    “We’re at the moment growing and actively testing our first model of the Solana consensus and fork selection algorithm. We’re additionally engaged on prompt voting and numerous different associated efforts. Hundreds of thousands of execution slots have been examined and compliant with the Solana protocol . Differential fuzz testing happens all through the runtime, from the SBPF ELF loader to native program execution,” mentioned @CantelopePeel.

    Launched on July 10, 2024, the bug bounty program invitations safety researchers and builders to check the resilience of Firedancer v0.1 in opposition to potential vulnerabilities. The bounty is hosted by Immunefi, a number one platform for cryptographic safety providers, with a prize pool of $1 million. It is value noting that probably the most severe bugs can carry the most important rewards, highlighting the excessive danger concerned in making certain the robustness of purchasers earlier than wider deployment.

    Bounty individuals should endure a KYC course of to make sure the method is clear and accountable. Immunefi guarantees quick response and guarantees to resolve all bug experiences inside 24 hours on enterprise days. The bounty program is anticipated to final roughly six weeks and can finish on August 21, 2024.

    Along with technical basis and safety preparation, Bounce Crypto can be cultivating a assist group round Firedancer. The undertaking’s technical workforce will actively work together with customers and builders by means of the “firedancer-v0.1-boost” channel on Immunefi’s Discord. This direct strategy to communication is designed to facilitate fast suggestions and iterative enhancements based mostly on group enter.

    Shortly after the launch of the bug bounty marketing campaign, the Firedancer workforce plans to host a dwell technical walkthrough on the Immunefi Discord to display the capabilities and performance of the consumer in depth.

    Firedancer’s launch could not have come at a greater time. Identified for its high-throughput capabilities, Solana faces rising challenges question In addition to competitors from different layer-1 blockchains which are continually innovating in scalability and safety. The present Solana community helps a handful of validator purchasers, with most nodes working the identical consumer software program. This homogeneity creates systemic dangers, corresponding to single factors of failure and community centralization.

    By diversifying the consumer software program accessible to node operators, Firedancer not solely enhances community resiliency but additionally makes Solana a extra engaging possibility for builders and validators centered on safety and efficiency.

    At press time, SOL was buying and selling at $132.

    Solana Price
    Solana Falls Under 0.5 Fib 1 Week Chart | Supply: SOLUSD on TradingView.com

    Featured photographs from DALL·E, charts from TradingView.com

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