Immunefi and Ethereum Foundation launch "Attackathon" to enhance Ethereum’s security. The event will test the protocol’s resilience through a competitive audit contest.
Immunefi, a Web3 bug bounty platform, and the Ethereum Foundation are behind the initiative. The "Attackathon" aims to identify vulnerabilities in Ethereum’s core protocol.
The program involves a detailed code review with top security researchers. Ethereum developers and ecosystem projects are also contributing to the reward pool.
The Ethereum Foundation has already allocated $500,000 for the rewards. This will incentivize researchers to identify security vulnerabilities and bugs.
“The Attackathon will showcase Immunefi’s elite security researcher community, competing to secure the protocol in a time-boxed audit competition with the potential to earn massive rewards, reputation, and glory. Top performing whitehats will have their skills recognized in front of the entire Ethereum community,” Immunefi posted.
Security Innovation
An educational program will also be part of the event. Its goal is to enhance the skills of Ethereum protocol security researchers.
The Attackathon serves to stress-test the code of the Ethereum ecosystem. It aims to find and fix vulnerabilities and foster an engaged community of researchers and enthusiasts.
Fredrik Svantes, Protocol Security Research Lead at the Ethereum Foundation, said, "As part of our efforts to help further secure the Ethereum protocol, we are excited to launch the first audit competition targeting the protocol itself, and can’t wait to see what types of vulnerabilities it will surface."
Immunefi has a large Web3 security community with over 45,000 researchers. The company has awarded over $100 million in bug bounties, claiming to have safeguarded over $25 billion in user funds.
