Ethereum Foundation launches $2M security contest for Fusaka upgrade

The Ethereum Foundation has unveiled a $2 cardinal information contention designed to fortify its upcoming Fusaka upgrade.

Announced connected Sept. 15, the inaugural invites researchers worldwide to audit the upgrade’s codebase. Rewards volition beryllium distributed to participants who uncover vulnerabilities earlier the upgrade goes live.

EF explained that the contention is structured arsenic a four-week lawsuit hosted connected the Sherlock testnet, moving from Sept. 15 to Oct. 13. To promote aboriginal participation, findings reported successful the archetypal week volition person treble points, portion those successful the 2nd week volition summation a 1.5x multiplier.

The instauration emphasized that this time-sensitive attack ensures maximum scrutiny astatine captious stages of the upgrade’s development.

EF disclosed that Gnosis and Lido co-sponsored the initiative, contributing $100,000 and $25,000, respectively.

According to the foundation, their information shows the broader ecosystem’s involvement successful Ethereum’s upgrade process, wherever each furniture of information benefits developers, validators, and extremity users alike.

However, not each observers are convinced the timing is perfect for the audit.

Christine Kim, erstwhile probe vice president astatine Galaxy Digital, questioned whether it is prudent to motorboat an audit contention portion developers are inactive identifying bugs connected Fusaka’s devnets.

Fusaka upgrade

The Fusaka upgrade volition present a scope of method improvements that purpose to boost Ethereum’s scalability and transaction throughput without compromising web efficiency.

Central to the update are features specified arsenic Peer Data Availability Sampling (PeerDAS) to streamline information distribution, revised state limits to optimize performance, and refined blob parameters designed to grip higher transaction volumes.

However, the imminent update has faced important challenges, prompting fearfulness of delays.

This pushed Ethereum developers to clarify the rollout docket during the latest All Core Devs call.

They explained that portion a mainnet activation day remains undecided, the upgrade’s timeline depends connected the advancement of testnet deployments.

According to the existent plan, the upgrade would beryllium deployed connected Holesky connected Sept. 29, followed by Sepolia connected Oct. 13 and Hoodi connected Oct. 27.

Following this, they emphasized that mainnet activation volition lone determination guardant erstwhile each testnets upgrade successfully and investigation from Devnet-5 confirms the web is operating arsenic expected

The station Ethereum Foundation launches $2M information contention for Fusaka upgrade appeared archetypal connected CryptoSlate.