Immunefi, a platform dedicated to bug bounties in the Web3 space, has partnered with the Ethereum Foundation to introduce a collaborative audit contest called “Attackathon.” This unique event aims to challenge and enhance the security of the Ethereum network.
The Attackathon includes a scheduled code review program that will focus on identifying bugs in Ethereum’s core protocol (ETH). The objective is to engage top security researchers in evaluating the security and technology of Ethereum.
To encourage participation, Ethereum developers and ecosystem projects have been invited to contribute to the program’s reward pool. The Ethereum Foundation has already provided $500,000 for this pool, which will compensate security researchers and developers for discovering security vulnerabilities and bugs.
“The Attackathon will showcase Immunefi’s elite security researcher community, who will compete in a time-limited audit competition to secure the protocol. Participants have the potential to earn substantial rewards, reputation, and recognition. The top performers will be acknowledged by the entire Ethereum community,” announced Immunefi.
In addition to the audit competition, the event will feature an educational program designed to enhance and expand the skills of the Ethereum protocol security researcher community. This program aims to foster security innovation within the ecosystem and create a community of engaged researchers and enthusiasts.
Fredrik Svantes, Protocol Security Research Lead at the Ethereum Foundation, expressed his excitement about the event, stating, “As part of our efforts to further secure the Ethereum protocol, we are thrilled to launch the first audit competition targeting the protocol itself. We are eager to see what types of vulnerabilities will be discovered through this initiative.”
Immunefi boasts the largest Web3 security community, with over 45,000 researchers. The company has rewarded over $100 million in bug bounties, the highest in the software industry, and claims to have safeguarded over $25 billion in user funds.