Immunefi and the Ethereum Foundation launch “Attackathon” to improve Ethereum security

Immunefi, a Web3 bug bounty platform, and the ethereum Foundation have joined forces to introduce “Attackathon,” a crowdsourced auditing competition aimed at challenging and improving the security of the ethereum network.

The event includes a scheduled code review program to identify bugs in the ethereum (eth) core protocol. The goal is to involve leading security researchers in evaluating ethereum's security and technology.

Developers and projects in the ethereum ecosystem have been invited to contribute to the program’s reward pool. The ethereum Foundation has already provided $500,000 to the reward pool to compensate security researchers and developers for identifying security vulnerabilities and bugs.

“The Attackathon will showcase Immunefi’s elite community of security researchers, who will compete to secure the protocol in a time-limited auditing competition with the potential to win massive rewards, reputation, and glory. The top-performing whitehats will have their skills recognized in front of the entire ethereum community,” Immunefi x.com/immunefi/status/1810301855706292622″ target=”_blank” rel=””>aware.

Innovation in security

The event will feature an educational program designed to enhance and expand the skills of the ethereum protocol security research community.

An Attackathon aims to test the code of an ecosystem and its projects. It identifies and fixes potential vulnerabilities while creating an engaged community of researchers and enthusiasts.

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“As part of our efforts to help further secure the ethereum protocol, we are excited to launch the first auditing competition targeting the protocol itself, and we can’t wait to see what types of vulnerabilities it will reveal.” ethereum-immunefi-attackathon-network-audit” target=”_blank” rel=””>saying Fredrik Svantes, Protocol Security Research Lead at the ethereum Foundation.

Immunefi has the largest Web3 security community, with over 45,000 researchers. The company has awarded over $100 million in bug bounties, the highest figure in the software industry, and claims to have safeguarded over $25 billion in user funds.