Cardano Foundation is temporarily doubling the rewards for its Bug bounty program, which awards white hat hackers with cash for finding the vulnerabilities of the Cardano blockchain.
Back in August, the not-for-profit organization sealed a partnership with the vulnerability management firm HackerOne, which uses hackers to expose the security flaws of a specific network.
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Cardano Foundation had already promised interested hackers up to $10,000 reward, ranging from $300 in digital token ADA, depending on the severity of the vulnerability.
Back then, the Cardano Foundation noted:
Over the coming months, together with the Cardano Foundation, our joint Bug Bounty program will use the power of HackerOne’s ethical hackers and diligent procedures to help us ensure that the Cardano blockchain is the most stable and secure blockchain possible.
The Cardano codebase will be tested for any performance bugs found which represent a critical vulnerability or potential exploit to core Cardano components. Through a bug bounty program, ethical hackers are incentivized to find vulnerabilities and responsibly report them so they can be fixed before serious damage is done.”
The reward has now been doubled by the Cardano Foundation, but temporarily. According to the report, until 25th March 2022, hackers can earn up to $20,000 for node bugs and up to $15,000 for wallet vulnerabilities.
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The update reads in part as follows:
“Cardano Foundation looks forward to working with the security community to find security vulnerabilities in order to keep our businesses and customers safe. From this program, we aim to strengthen the Cardano brand through this public bug bounty program, covering essential items to access and manage crypto assets that are issued on the Cardano blockchain…
Any activities conducted in a manner consistent with this policy will be considered authorized conduct and we will not initiate legal action against you. If legal action is initiated by a third party against you in connection with activities conducted under this policy, we will take steps to make it known that your actions were conducted in compliance with this policy.”
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