Bug Bounty Basics: What You Need to Know
This summer, Ethereum enthusiasts and tech-savvy individuals have a golden opportunity to pocket some extra cash through the bug bounty hunting programs. You know, it’s like a digital treasure hunt, only instead of pirates, we have developers, and instead of gold, it’s a bounty of cryptocurrency!
What Is the Status Network Token (SNT)?
In case you’ve been chasing cats and missed it, the Status Network Token (SNT) serves as the lifeblood of the Status messaging platform. Not just any messaging app, this one operates as a browser for the Ethereum network. Think of it as your friendly neighborhood chat app – but with an Ethereum twist!
Benefits of Using SNT
- Supports decentralized messaging.
- Removes the barriers of traditional finance.
- Empowers users with true ownership of their data.
Timing Is Everything: Bounty Details
The bug bounty initiative kicked off on June 14, and it’s set to continue even after the token launch. If you have an itch for finding bugs, then jump in!
Earning Potential
The stakes are high here. Major bugs could snag you a cool $25,000 in Bitcoin or Ether. But wait, there’s more! If you discover a critical vulnerability, your wallet could balloon by as much as $50,000! Talk about a summer bonus! 🎉
How is Risk Assessed?
Status relies on the OWASP risk assessment model to evaluate the severity of the vulnerabilities. This method ensures that all findings are graded fairly. So whether your discovery is a small pest or a dinosaur-sized bug, you’ll get your due!
How to Get Involved
If you’re ready to put your detective skills to the test, submit your findings via email to security@status.im. And don’t stress if you’d prefer to remain incognito; anonymous submissions are totally acceptable!
Keep on Hunting
Even as Status continues its operations, the hunt for bugs will carry on. So get your magnifying glass, don your hat, and let the bug hunting begin!
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