It’s True Cardano Is Going To REWARD Hackers, Here’s How

Want to get paid to hack Cardano’s network?

According to the latest reports, Cardano is going to reward hackers for revealing vulnerabilities and bugs as a part of its upcoming Bug Bounty program.

This is a brilliant move for the network, as it incentivizes hackers to work with Cardano instead of against it.

In addition to this, it strengthens the network by revealing vulnerabilities before they become massive issues or are exploited by a malicious party.

Cardano is strengthening its security on multiple fronts, and this seems to be an excellent move for a platform which touts peer review and rigorous systematic testing.

Just as a full disclosure, I invest in Cardano, and hold ADA as a part of my crypto investment portfolio.

The Bug Bounty program entails:

📣 Calling all Hackers 📣

In another first from the Cardano Foundation team, we've joined forces with @Hacker0x01 to launch Cardano’s first Bug Bounty program. #Cardano #BlockchainNews #CardanoCommunity #HappyHacking #CryptoNewshttps://t.co/10Fp3omWwW

— Cardano Foundation (@CardanoStiftung) August 26, 2021

To Become The Most Stress-Tested And Carefully Maintained Blockchain, Cardano Launches A Bug Bounty Program.#crypto #bitcoin #cryptocurrency #cardano #blockchain #btc #ethereum #cryptoexpert #blockchainwallet #bitcoinmining pic.twitter.com/tGc9QoSUVZ

— cryptoswipes (@cryptoswipes) August 30, 2021

Details of the upcoming Bug Bounty contest were provided by Finbold:

In response to the recent wave of cyber-attacks on crypto exchanges and blockchain networks, the Cardano Foundation is inviting hackers to participate in a lucrative hackathon.

Hackers can receive up to $10,000 per fault if a critical Cardano node is compromised; while identifying a critical issue with Cardano-Wallet, hackers can earn up to $7,500.

Yesterday in our August #Cardano360 @JeremyFirsterCF announced the launch of a new bug bounty program run in collaboration with @Hacker0x01.

Watch the full video 👉 https://t.co/OOvUA2DxgA to learn how can you participate & help drive #Cardano code reliability & security. pic.twitter.com/026YNz5Ijg

— Input Output (@InputOutputHK) August 27, 2021

Current ADA price.https://t.co/dgK6dnexwD

— The Quill Press (@VinceQuill) August 30, 2021

ZY Crypto explains:

HackerOne which gives organizations access to the largest community of hackers on the planet has carved out a niche for itself as a renowned bug detection and prevention organization of ethical hackers with an attractive track record of helping solve software mysteries in orgs such as Goldman Sachs, the U.S. Department of Defence, Dropbox among others.

Cardano’s project manager, Jeremy Firster also applauded the partnership noting that the step would help Cardano become the most stress-tested and diligently maintained blockchain and it was a clear signal to stakeholders of the values they placed on security and public safety.

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