Shardeum and Immunefi Forge Alliance for Network Security Enhancement
Shardeum, a pioneering autoscaling layer-1 blockchain platform, has announced a collaborative effort with Immunefi to introduce a comprehensive bug bounty program focused on fortifying network security measures in preparation for the impending mainnet release. With a combined bounty pool of $700,000 USD, the initiative aims to incentivize global developers to identify and mitigate potential vulnerabilities within Shardeum's ecosystem.
Advancing Security Protocols
In a departure from traditional security audits, Shardeum's collaboration with Immunefi introduces an innovative bug bounty program designed to engage individuals in ethical hacking practices. By encouraging participants to detect and report critical issues, Shardeum emphasizes the proactive identification and resolution of security threats prior to the mainnet launch.
Incentivizing Participant Engagement
To catalyze community involvement, Shardeum has introduced two specialized 'boosts' within the bug bounty program, scheduled to run from July 5th to August 16th, 2024:
- Core Boost: A bounty pool of $500,000 USD
- Ancillary Boost: Additional bounties totaling $200,000 USD
These boosts aim to reward contributors for their diligence in identifying and addressing network vulnerabilities, fostering a culture of cooperative security enhancement.
Championing Community-Centric Security Practices
Mitchell Amador, Immunefi's Founder & CEO, underscores the pivotal role of community engagement in bolstering blockchain security frameworks. By partnering with Shardeum, Immunefi advocates for collective participation in reinforcing network resilience and safeguarding digital assets against potential threats.
Promoting Innovation and Collaboration
The recent launch of Shardeum's Atomium incentivized testnet Stage 1 has garnered substantial interest, with a diverse array of participants joining network testing activities. As Shardeum gears up for Stage 2, the platform anticipates a surge in community engagement, fostering innovation and collaborative problem-solving.
For comprehensive guidelines on participating in Shardeum's bug bounty program and details on the Core and Ancillary boost segments, interested individuals can consult the provided links.
Media Contact: - Email: [email protected]
About Shardeum
Shardeum operates as an EVM-based layer-1 blockchain platform renowned for its dynamic state sharding capabilities. By optimizing gas fees and transaction speeds, Shardeum facilitates increased network participation while maintaining robust security through its transaction-level consensus mechanism.
About Immunefi
Immunefi is a leading provider of crowdsourced security solutions for Web3 projects, safeguarding user funds across a spectrum of blockchain ecosystems. With a commitment to promoting best practices in security and rewarding security researchers, Immunefi plays a pivotal role in enhancing the security posture of digital infrastructures.
Contact Information: Chief Growth Officer - Kelsey McGuire - Email: [email protected] - Priyanka Sharma - Email: [email protected]
