Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty

shoreno

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Quote from: ?? on ??

Quote from: TravelMug on August 06, 2020, 06:12:21 PM

Quote from: Yaunfitda on August 01, 2020, 08:05:48 AM

@TravelMug - yes, so far no one is claiming that they have broke Eth 2.0, but I'm sure there could be trying to find a loophole as we speak.

I'm a bit hesitant right now, if there's no one coming forward to report or at least find some bugs, then I doubt that there will be someone. I'm under the impression that at least one or two bugs with severities will be found by these white hackers.

Anyhow, let's continue to wait and see, and I do hope the Eth2.0 devs really did a good job and not totally relying to these bounty to test their system. They should do their own testing, just saying.

If there are no reports about the bug then it's either they are not yet attracting capable hackers or their developers are so good that they have created a bug-free platform, it's too early to tell until they announced that there is no bug in their platform and they can proceed in launching it, this is one of the news that adds credibility to Ethereum.

how much is thier reward ? i didnt visit the link yet and op didnt provide it on the first page .

maybe the amount is not reasonable to the hackers because we know hacking isnt an easy task unlike to a crypto exchange or banks that they are going to be motivated to hack because there are huge sums inside it waiting for them but the announcement is also new and many may hackers havent notice it yet . lets wait for several weeks or months before we judge them .

princecharles

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I must confess that this is a great step in the right direction. It's more like a silent culture in the cryptocurrency space to help the developers detect the errors in the system and strive to fix them before releasing to the public. I'm also glad that the reward is substantial and would be attractive to experienced hackers.

TravelMug

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I have to research and it seems that there are reported exploits that have been patched already:

https://github.com/ethereum/public-attacknets/issues

And now they are going to hire security experts to expand more.

https://twitter.com/drakefjustin/status/1289656431927611398

Kemarit

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Quote from: joinfree on August 06, 2020, 06:48:44 PM

I love it when I see any form of Ethical hacking which only brings out the best in any product. I believe it's worth it if the ETH network is subjected to a stress network test for vulnerabilities so that once ETH 2.0 is launched on proof of stake there are not going to be any issues of the system being hacked.

Stress testing and finding bugs are two different things though. I used to be a part of a quality testing team before, that's why I know such things. Stress testing Eth 2.0 means that they need to overload their system in which they are not offering as of now.

What Ethereum calls is for ethical hackers trying to penetrate their system, to find flaw and exploits. And with stress testing, you can just write a code to to give the system too much that it either it can handle it or not.

joinfree

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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

I love it when I see any form of Ethical hacking which only brings out the best in any product. I believe it's worth it if the ETH network is subjected to a stress network test for vulnerabilities so that once ETH 2.0 is launched on proof of stake there are not going to be any issues of the system being hacked.

irixo10

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Battle testing the new Ethereum 2.0, that is really nice as it shows the team want everything to be perfect. They are just taking their time to ensure there are no unnecessary bugs and loopholes which can be leveraged on to hack the blockchain later on, so I see this as a very good move. Furthermore, this shows that even though there is unforseen delays, although no one want such, but it would be for the best, as it is better taking time to bring about a reliable upgrade free from bugs.

TravelMug

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Quote from: Yaunfitda on August 01, 2020, 08:05:48 AM

@TravelMug - yes, so far no one is claiming that they have broke Eth 2.0, but I'm sure there could be trying to find a loophole as we speak.

I'm a bit hesitant right now, if there's no one coming forward to report or at least find some bugs, then I doubt that there will be someone. I'm under the impression that at least one or two bugs with severities will be found by these white hackers.

Anyhow, let's continue to wait and see, and I do hope the Eth2.0 devs really did a good job and not totally relying to these bounty to test their system. They should do their own testing, just saying.

Ozero

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Quote from: BitTraderCute on July 22, 2020, 08:23:54 AM

and now already answered why eth core team delay the release for ethereum 2.0 . they want to make sure there is no bug or anything bad that could be main problem in future and give negative to ethereum price. this bug bounty will help alot eth core developt to accomplish vulnerability in system.

This is a good decision from the ethereum development team. It is better to immediately provide an opportunity to attack the updated ethereum by various hackers than they will do on their own when the improvements are launched. At the same time, it indicates that the improvements are in the final stages and soon, finally, we will be able to see the results of this work.

monineklutak

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Good actions from Ethereum, Bug Bounty will certainly provide interesting things for Ethereum 2.0 later, if the hacker success to hack,
I think Ethereum 2.0 will delay again, and make it even better, but this is very risky, I hope a good hacker follows this program,

Jating

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Quote from: blue_hurricanger on July 31, 2020, 10:29:23 AM

I'm sure if any hackers found an exploit in ETH 2.0's network, they would rather use it to making some money first before thinking about report it to receive rewards. Anyways, Ethereum must be really confident about the security of their network.

I'm sure that they are confident about the security of their network, but who knows, we all know that hackers has the capability to find several loopholes and no matter how you developed your program, there could be some vulnerabilities that you can't catch.

But if there are no hackers claiming that bounty, it could be (a), they are not interested on the bounty, (b) the code is perfect or (c) they have found some vulnerabilities but are not willing to disclosed at this time and waiting for the bounty to go up.

Yaunfitda

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@TravelMug - yes, so far no one is claiming that they have broke Eth 2.0, but I'm sure there could be trying to find a loophole as we speak.

@blue_hurricanger - that's one possibility as well, maybe the hackers doesn't want to come out with their findings because it's going to be worth more than $5k if they found a high severity bug in the new code.

blue_hurricanger

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I'm sure if any hackers found an exploit in ETH 2.0's network, they would rather use it to making some money first before thinking about report it to receive rewards. Anyways, Ethereum must be really confident about the security of their network.

Kotone

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Quote from: b1k4ng on July 31, 2020, 01:29:10 AM

maybe until now the hacker is still trying to find a bug, if anyone has managed to break into the ethereum will certainly make an announcement and I agree with you if the real challenge or test when it was launched

Probably there is but I doubt they will publicised this information. Its not that I dont trust Vitalik but this will affect for sure the market price once someone or anyone show that there are some errors or loopholes on their launch. Its too bad for now, to have this cause eth is constantly rising and we could expect more surge when they deploy the mainnet already. I think this will be the highlight of ethereum network since then.

b1k4ng

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Quote from: TravelMug on July 30, 2020, 08:35:36 PM

Ok thanks for the update, it's just weird though that no one has claim so far if there are really hackers trying to break their system.

So I wouldn't say it is safe though, maybe we find loopholes when they officially release it for public, and there is where the real test will be.

maybe until now the hacker is still trying to find a bug, if anyone has managed to break into the ethereum will certainly make an announcement and I agree with you if the real challenge or test when it was launched

TravelMug

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Quote from: bobyhodob on July 30, 2020, 10:31:13 AM

Quote from: TravelMug on July 30, 2020, 06:03:59 AM

Any update or any progress on the bounty? Did someone really break their system or if someone get paid already by Ethereum developers?

Or if white hackers are really interested on their offer? Really be interesting how things will turn about this offerings to the public.

until now I think there is still no one who can hack the ethereum platform that is still newly developed, so I think ethereum 2.0 will be safe when used, hopefully there will be no problems when approaching the launch of the project.

Ok thanks for the update, it's just weird though that no one has claim so far if there are really hackers trying to break their system.

So I wouldn't say it is safe though, maybe we find loopholes when they officially release it for public, and there is where the real test will be.

helloinox

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This is just a usual marking way to boast about the security of your network. This is a good move to send a signal toward any hackers out there about how serious ETH 2.0 is and reassure ETH 2.0 investors. Smart move indeed.

bobyhodob

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Quote from: TravelMug on July 30, 2020, 06:03:59 AM

Any update or any progress on the bounty? Did someone really break their system or if someone get paid already by Ethereum developers?

Or if white hackers are really interested on their offer? Really be interesting how things will turn about this offerings to the public.

until now I think there is still no one who can hack the ethereum platform that is still newly developed, so I think ethereum 2.0 will be safe when used, hopefully there will be no problems when approaching the launch of the project.

TravelMug

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Any update or any progress on the bounty? Did someone really break their system or if someone get paid already by Ethereum developers?

Or if white hackers are really interested on their offer? Really be interesting how things will turn about this offerings to the public.

carlisle1

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Quote from: Yaunfitda on July 21, 2020, 05:14:13 PM

Ethereum is now calling hackers either ethical or black hat hackers to try and break their Ethereum 2.0 and received a reward.

Quote

With Ethereum's plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks.

https://blockchain.news/news/ethereum-calls-hackers-attack-ethereum-exchange-bug-bounty

I think this is a good move in my opinion, they have open the floodgates for others to test it because going full live. At least this is sort of like testing it extremely thorough and careful way instead of releasing it then hackers breaking it and stealing money in the end.

At least now they are talking?
for the whole year that people are talking when this will coming out and now here we are,they are challenging hackers to test their 2.0 version just to prove people about their legitimacy and goodness?

Quote from: shadowduck on July 22, 2020, 09:50:10 AM

this is a great idea from the project team side. It is important that the system is securely protected. Now the most important thing is security. Investors' money must be safe

Yeah just like what FortuneJack site did recently to try looking for Bugs in their gambling sites.

anyway i am the one who will surely be happy because of this meaning they are sooner to release the ETH 2.0.

shadowduck

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this is a great idea from the project team side. It is important that the system is securely protected. Now the most important thing is security. Investors' money must be safe

Topic: Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty (Read 485 times)