The Ethereum Foundation has unveiled a $2 million safety contest designed to strengthen its upcoming Fusaka improve.
Announced on Sept. 15, the initiative invitations researchers worldwide to audit the improve’s codebase. Rewards will probably be distributed to contributors who uncover vulnerabilities earlier than the improve goes dwell.
EF defined that the competitors is structured as a four-week occasion hosted on the Sherlock testnet, operating from Sept. 15 to Oct. 13. To encourage early participation, findings reported within the first week will obtain double factors, whereas these within the second week will acquire a 1.5x multiplier.
The inspiration emphasised that this time-sensitive strategy ensures most scrutiny at vital phases of the improve’s growth.
EF disclosed that Gnosis and Lido co-sponsored the initiative, contributing $100,000 and $25,000, respectively.
In line with the muse, their participation exhibits the broader ecosystem’s stake in Ethereum’s improve course of, the place each layer of safety advantages builders, validators, and finish customers alike.
Nevertheless, not all observers are satisfied the timing is good for the audit.
Christine Kim, former analysis vice chairman at Galaxy Digital, questioned whether or not it’s prudent to launch an audit competitors whereas builders are nonetheless figuring out bugs on Fusaka’s devnets.
Fusaka improve
The Fusaka upgrade will ship a spread of technical enhancements that goal to spice up Ethereum’s scalability and transaction throughput with out compromising community effectivity.
Central to the replace are options akin to Peer Information Availability Sampling (PeerDAS) to streamline information distribution, revised fuel limits to optimize efficiency, and refined blob parameters designed to deal with greater transaction volumes.
Nevertheless, the upcoming replace has confronted vital challenges, prompting fear of delays.
This pushed Ethereum builders to clarify the rollout schedule in the course of the newest All Core Devs name.
They defined that whereas a mainnet activation date stays undecided, the improve’s timeline is dependent upon the progress of testnet deployments.
In line with the present plan, the improve could be deployed on Holesky on Sept. 29, adopted by Sepolia on Oct. 13 and Hoodi on Oct. 27.
Following this, they emphasised that mainnet activation will solely transfer ahead as soon as all testnets improve efficiently and evaluation from Devnet-5 confirms the community is working as anticipated