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Ethereum 2.0 Developer Offers White Hackers $ 5,000 to Hack Test Nets

Ethereum 2.0 Developer Offers White Hackers $ 5,000 to Hack Test Nets

Ethereum developer Danny Ryan invited “white hackers” to hack Ethereum 2.0 testnets. The reward for discovered vulnerabilities will be $ 5,000.

Danny Ryan posted on Twitter a call to look for vulnerabilities in Ethereum 2.0 testnets with a link to the Github page for more details and conditions. The targets of the “white hackers” are the codebases of mini-networks from Lighthouse and Prysm clients, designed to access the new version of the blockchain. Unlike Ethereum clients Geth and Parity, which have a total of 7,500 nodes, the testnets for attacks will consist of only four nodes, making it easier to achieve the goal of preventing “completeness”.

In 2016, Ethereum co-founder Vitalik Buterin described the concept of “completeness” as an operation that is permanently fixed and cannot be reversed by systemic errors or outside interference. Basically, the developers of Ethereum 2.0 are asking “white hackers” to try to prevent block confirmation, as well as theoretically get transaction returns, double spend attacks, and other similar actions.

Ryan posted an article on the status of Ethereum 2.0 deployments last month, which explains the general timing of an update under development and some technical issues that need to be addressed in order to prepare for the full release. Significant development efforts have gone into creating coordination methods for tens or hundreds of thousands of validators that support Ethereum’s operation and will be eligible for staking rewards of at least 32 ETH.

While existing blockchains have tens, hundreds, or several thousand validators, Ethereum 2.0 aims to maintain decentralization and initially requires a minimum of 16,000 validators. Within a few years after the update is deployed, their number should increase to hundreds of thousands.

Earlier this month, Ethereum 2.0 lead developer Justin Drake said that the launch of the update phase 0 could not wait until early next year. In addition, researchers recently stated that DeFi applications on Ethereum 2.0 will be more vulnerable.

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