Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty

[irixo10]

Battle testing the new Ethereum 2.0, that is really nice as it shows the team want everything to be perfect. They are just taking their time to ensure there are no unnecessary bugs and loopholes which can be leveraged on to hack the blockchain later on, so I see this as a very good move. Furthermore, this shows that even though there is unforseen delays, although no one want such, but it would be for the best, as it is better taking time to bring about a reliable upgrade free from bugs.

[joinfree]

I love it when I see any form of Ethical hacking which only brings out the best in any product. I believe it's worth it if the ETH network is subjected to a stress network test for vulnerabilities so that once ETH 2.0 is launched on proof of stake there are not going to be any issues of the system being hacked.

[Kemarit]

I love it when I see any form of Ethical hacking which only brings out the best in any product. I believe it's worth it if the ETH network is subjected to a stress network test for vulnerabilities so that once ETH 2.0 is launched on proof of stake there are not going to be any issues of the system being hacked.

Stress testing and finding bugs are two different things though. I used to be a part of a quality testing team before, that's why I know such things. Stress testing Eth 2.0 means that they need to overload their system in which they are not offering as of now.

What Ethereum calls is for ethical hackers trying to penetrate their system, to find flaw and exploits. And with stress testing, you can just write a code to to give the system too much that it either it can handle it or not.

[TravelMug]

I have to research and it seems that there are reported exploits that have been patched already:

https://github.com/ethereum/public-attacknets/issues

And now they are going to hire security experts to expand more.



https://twitter.com/drakefjustin/status/1289656431927611398

[princecharles]

I must confess that this is a great step in the right direction. It's more like a silent culture in the cryptocurrency space to help the developers detect the errors in the system and strive to fix them before releasing to the public. I'm also glad that the reward is substantial and would be attractive to experienced hackers.

[shoreno]

@TravelMug - yes, so far no one is claiming that they have broke Eth 2.0, but I'm sure there could be trying to find a loophole as we speak.

I'm a bit hesitant right now, if there's no one coming forward to report or at least find some bugs, then I doubt that there will be someone. I'm under the impression that at least one or two bugs with severities will be found by these white hackers.

Anyhow, let's continue to wait and see, and I do hope the Eth2.0 devs really did a good job and not totally relying to these bounty to test their system. They should do their own testing, just saying.

If there are no reports about the bug then it's either they are not yet attracting capable hackers or their developers are so good that they have created a bug-free platform, it's too early to tell until they announced that there is no bug in their platform and they can proceed in launching it, this is one of the news that adds credibility to Ethereum.

how much is thier reward  ? i didnt visit the link yet and op didnt provide it on the first page  .

maybe the amount is not reasonable to the hackers because we know hacking isnt an easy task unlike to a crypto exchange or banks that they are going to be motivated to hack because there are huge sums inside it waiting for them but the announcement is also new and many may hackers havent notice it yet  . lets wait for several weeks or months before we judge them  .