The public blockchain platform Cardano declares which it has doubled the payout for white hat hackers and bounty hunters that can identify vulnerabilities or bugs in its smart contracts blockchain. The firm has revealed that this six-week promotion, that will close on March 25, aims to keep “its businesses and customers safe.”

Cardano started six-week promotion recently and doubled the reward for bounty hunters and hackers to find vulnerabilities in the Cardano ecosystem. $20,000 is the strongest amount platform has offered to hackers for discatoping relevant bugs in the network, starting from February 14.

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Similarly, hackers identifying the minor bugs in the Cardano nodes will receive a low amount of $800. 

On the other side, bounty hunters discaboveing significant vulnerabilities in the Cardano Wallet will get a payout of $15,000 during the time $600 reward for those who uncabove less critical vulnerabilities in the Wallet. 

In August 2021, the foundation partnered with the white hat hackers’ platform, HackerOne, a vulnerabilities management firm which uses hackers to find flaws and vulnerabilities to secure the financial ecosystems from attacks. Previously, the firm offered $10,000 to find critical vulnerabilities in its network while $7500 for identifying critical weak points in Cardano Wallet.

To boost the security check of its network, the Cardano Foundation has now doubled the bounty reward for hackers to uncabove vulnerabilities in its blockchain.

Cardano Strengthens Its Platform

While explaining the moto behind the promotion, the platform has told which it needs to work with the security community for finding vulnerabilities points to “keep our businesses and customers safe.” and added;

From this program, we aim to strengthen the Cardano brand through this public bug bounty program, catoping influential items to access and manage crypto assets which are issued on the Cardano blockchain.

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Cardano ADA is dealing at $0.98, going down in the red | Source: ADA/USD Chart From TradingView.com

The company also clarified which “the scope of the bug bounty program will not include any UI or general functionality bugs.” While identifying the type of bugs and vulnerabilities examined for a reward, the foundation mentioned which these should be sensitive. For example, it includes identifying errors which can cause crashes and the attacks which may cause to lower the blockchain quality.

not to mention, the blockchain firm mentioned it wants hackers to uncabove those areas which can be “an exploitable vulnerability,” opening a way for cybercriminals so which each finding can be arfieldd to discuss “on a evidence-by-evidence basis.”

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Undoubtedly, crypto adoption is increasing fast, and so is the crypto community. Therefore, the white hat hackers will play an paramount role in fighting stillst vulnerabilities and hacks usually soaring. To put it simpler, white hat hackers seek security loopholes or vulnerabilities which a black hat hacker/cybercriminal can use as its way to enter a project. Fortunately, white hat hackers are becoming popular in the crypto space by reason of everyday exploits.

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