SOL logo on the screen of smartphone in mans hand with downtrend on the chart on a red light background. Source: vladim_ka - stock.adobe.com

Key Takeaways:

Solana has launched a $1 million bug bounty for the Firedancer validator client, managed by Immunefi and funded by Jump Crypto.
The program runs for 42 days starting July 10, with a maximum single bounty of $1 million in USDC.
Firedancer aims to enhance Solana’s network performance and is being considered for implementation on Ethereum.

Solana has introduced a $1 million bug bounty for the Firedancer validator client, encouraging developers to identify critical bugs.

Starting on July 10, the program will run for 42 days, managed by Immunefi and funded by Jump Crypto.

SOLANA'S 'FIREDANCER' CLIENT TO BEGIN $1 MILLION BUG BOUNTY PROGRAM

Developer Cantelope Peel announced the program, which will begin on July 10 and offer up to $1 million through Immunefi for critical bugs in Firedancer v0.1.

The client aims to enhance Solana's resiliency and… pic.twitter.com/MzJXxYeZGC
— Crypto Town Hall (@Crypto_TownHall) July 8, 2024

Participants can earn rewards from a $1 million pool, with a maximum single bounty of $1 million in USDC.

Firedancer, an independent validator client, aims to improve Solana’s network performance, processing transactions and building blocks more efficiently than the current QUIC protocol.

JUMP CRYPTO'S 'FIREDANCER' CLIENT FOR SOLANA STARTS BUG BOUNTY PROGRAM

The program, offering up to $1 million through Immunefi, seeks significant bugs in Firedancer v0.1.

Firedancer aims to improve Solana's resiliency and is optimized for high-frequency trading.

Source: The… pic.twitter.com/O9a7Xs3UJs
— IBC Group Official (@ibcgroupio) July 8, 2024

Led by Cantelope Peel from Jump Crypto, the project has been in development since January 2023 and first launched on a Solana testnet in November 2023.

Details of the bounty program: It is a competitive audit lasting 42 days starting July 10thhttps://t.co/V1zFct5rSG
— CANTELOPEPEEL (@CantelopePeel) July 7, 2024

The program requires KYC registration and promises prompt investigation of reported bugs.

The development team is also exploring implementing Firedancer on Ethereum.

About The Author

Written by

Victor Fawole

News Reporter

Victor Fawole, a seasoned Web3 content creator and social media influencer, excels in bringing the pulse of the crypto world to our readers.

With a keen eye for emerging trends and a talent for engaging storytelling, Victor’s articles offer a fresh perspective on the ever-evolving digital currency landscape.

Check Victor out on: