In anticipation of a major upgrade to the Stargate network, Cosmos (ATOM) announced a three-month bug fix award with a double bonus for improved reliability of pre-release software.
The Stargate upgrade key will complement the original Cosmos Whitepaper roadmap and include the first implementation of the IBC protocol that allows Cosmos to connect to other blockchain networks.
Early contributor Zaki Manian said the Cosmos Stargate test network is ready for launch, but the various Cosmos teams want to test the update further “to identify critical errors that could have occurred before the engineering and integration testing”.
The team hopes to avoid a repeat of two incidents in the past year in which serious errors were detected in critical components. In July, the blockchain company Bluesel discovered a serious flaw in the Tendermint consensus algorithm. In October 2019, the Cosmos team discovered another major security issue with Tendermint Core.
The Bug Reward, which runs from today until December 31, 2020, does not have a “maximum bonus program,” which means there is no limit to how much a bug can cost or how many errors you can report. Participants will receive at least $ 5,000 for the fatal errors identified, which is double the $ 2,500 reward for previous errors. The rewards for low, medium, and high risk errors have also been increased from $ 100, $ 500, and $ 1000, respectively, to $ 200, $ 1000, and $ 3000, respectively.
“Proactive detection and correction of errors is an important part of building reliable and resilient blockchain protocols,” said Tess Rinearson, chief technology officer at Interchain GmbH, which is developing Cosmo.
“The release of the Stargate database confirms our commitment to the open source community to take Cosmos into a new era.”
Hackers and developers will be able to try updates for Cosmos SDK, Tendermint Core, Gaia, and Inter Blockchain Communication (IBC). Cosmos hopes to identify errors in more than a dozen different categories, including memory allocation errors, information leaks, authentication overrides, denial of service carriers, and stolen money.
Each report will be evaluated and evaluated at the discretion of the Blockchain Security Trail of Bits team, which will assess the likelihood of error and the potential impact of the exploitation, as well as the quality of the reports provided.
Vulnerabilities still haunt even the most mature blockchain networks, with the Bitcoin Lightning Network (BTC) vulnerability discovered today. Over the past year, hackers have exposed weaknesses in DeFi’s products through price flows, Oracle manipulation, ERC-777 vulnerabilities, and smart contract errors.