Ethereum Foundation launches $2M security contest for Fusaka upgrade
The Ethereum Foundation has unveiled a $2 million security contest designed to strengthen its upcoming Fusaka upgrade.
Announced on Sept. 15, the initiative invitations researchers worldwide to audit the upgrade’s codebase. Rewards will likely be distributed to individuals who uncover vulnerabilities earlier than the upgrade goes stay.
EF defined that the competitors is structured as a four-week occasion hosted on the Sherlock testnet, working from Sept. 15 to Oct. 13. To encourage early participation, findings reported within the first week will obtain double factors, whereas these within the second week will acquire a 1.5x multiplier.
The basis emphasised that this time-sensitive method ensures most scrutiny at essential phases of the upgrade’s improvement.
EF disclosed that Gnosis and Lido co-sponsored the initiative, contributing $100,000 and $25,000, respectively.
According to the inspiration, their participation reveals the broader ecosystem’s stake in Ethereum’s upgrade course of, the place each layer of security advantages builders, validators, and finish customers alike.
However, not all observers are satisfied the timing is good for the audit.
Christine Kim, former analysis vp at Galaxy Digital, questioned whether or not it’s prudent to launch an audit competitors whereas builders are nonetheless figuring out bugs on Fusaka’s devnets.
Fusaka upgrade
The Fusaka upgrade will ship a spread of technical enhancements that purpose to spice up Ethereum’s scalability and transaction throughput with out compromising community effectivity.
Central to the replace are options corresponding to Peer Data Availability Sampling (PeerDAS) to streamline knowledge distribution, revised fuel limits to optimize efficiency, and refined blob parameters designed to deal with greater transaction volumes.
However, the upcoming replace has confronted important challenges, prompting fear of delays.
This pushed Ethereum builders to clarify the rollout schedule through the newest All Core Devs name.
They defined that whereas a mainnet activation date stays undecided, the upgrade’s timeline depends upon the progress of testnet deployments.
According to the present plan, the upgrade could be deployed on Holesky on Sept. 29, adopted by Sepolia on Oct. 13 and Hoodi on Oct. 27.
Following this, they emphasised that mainnet activation will solely transfer ahead as soon as all testnets upgrade efficiently and evaluation from Devnet-5 confirms the community is working as anticipated
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