TAIKO to Offer Bug Bounties to Whitehats Who Find Protocol Bugs
CryptoNewsTerminal Staff10 Jun, 2024
TAIKO to Offer Bug Bounties to Whitehats Who Find Protocol Bugs
TAIKO, a zkEVM-based Ethereum layer-2 network, has announced this morning that they will be "offering bug bounties to whitehats who discover bugs in (their) BCR (Based Contestable Rollup) protocol". This is a significant move for the project, as it demonstrates their commitment to security and their willingness to reward those who help to improve their platform. The bug bounty program will be managed by Immunefi, a leading bug bounty platform. This will give TAIKO access to a global network of whitehats who are experienced in finding and reporting vulnerabilities. The size of the bug bounties will vary depending on the severity of the vulnerability. TAIKO has stated that they are "committed to rewarding whitehats fairly for their contributions". This is a positive development for the TAIKO project and for the Ethereum ecosystem as a whole. It shows that TAIKO is serious about security and that they are willing to invest in it. It also provides an incentive for whitehats to find and report vulnerabilities, which will help to make the TAIKO protocol more secure.
