Ethereum (ETH) Partners with Immunefi for Protocol Security Attackathon

The
Ethereum
Protocol
Security
(EPS)
Research
Team
has
announced
the
launch
of
the
first
Ethereum
protocol
Attackathon,
in
collaboration
with
Immunefi.
This
four-week
event
aims
to
bolster
the
security
of
the
Ethereum
protocol
through
a
large-scale
crowdsourced
security
audit
competition,
according
to
Ethereum
Foundation
Blog.

Help
Support
Ethereum
Security

The
Ethereum
Foundation
(EF)
has
seeded
the
reward
pool
with
an
initial
$2
million
and
aims
to
raise
over
$2
million
in
total.
The
event
invites
the
entire
Ethereum
community,
including
projects
and
individual
developers,
to
participate.
Contributions
to
the
reward
pool
will
directly
enhance
the
security
of
the
Ethereum
ecosystem,
fostering
a
safer
environment
for
users
and
developers.

The
sponsorship
program
will
close
on
August
1,
2024,
after
which
the
final
reward
pool
will
be
locked,
and
further
details
of
the
Attackathon
will
be
announced.
Community
members
can
join
the
sponsorship
program

here.

What
is
an
Attackathon?

The
Attackathon
is
a
time-bound
audit
challenge
designed
to
strengthen
the
security
of
the
Ethereum
protocol.
It
begins
with
an
educational
phase
where
participants
receive
instruction
on
the
protocol’s
code
via
live
technical
walkthroughs
and
educational
content
from
the
Attackathon
Academy.
This
phase
ensures
that
participants
are
well-prepared
to
identify
and
understand
potential
vulnerabilities.

During
the
Attackathon,
security
researchers
will
actively
search
for
vulnerabilities
in
the
protocol’s
code.
They
will
follow
specific
rules
set
for
the
competition,
and
only
impactful
and
rule-compliant
reports
will
be
rewarded.
This
phase
focuses
on
real-time
problem-solving
and
applying
the
knowledge
gained
during
the
initial
phase.

After
the
Attackathon,
Immunefi
will
evaluate
and
compile
the
findings
into
an
official
report.
This
report
will
detail
the
vulnerabilities
discovered
and
highlight
the
top
researchers,
celebrating
their
contributions
and
expertise.

Why
Collaborate
with
Immunefi?

Immunefi
is
recognized
for
its
experience
in
web3
security,
managing
a
large
community
of
security
researchers.
They
have
protected
significant
user
funds
across
various
projects
and
have
a
track
record
of
identifying
and
mitigating
security
risks.

Immunefi’s
Attackathons
emphasize
education
and
community
involvement.
Participants
benefit
from
a
structured
environment
that
includes
live
explainers
on
Ethereum
and
security,
as
well
as
educational
content
from
the
Attackathon
Academy.
This
collaboration
aims
to
deepen
the
community’s
understanding
of
Ethereum’s
code
and
technology
while
contributing
to
its
security.

Future
Security
Challenges

The
EF’s
Protocol
Security
Research
Team
is
committed
to
ongoing
security
improvements.
Similar
Ethereum
protocol
security
challenges
are
planned
for
every
hard
fork,
covering
changes
to
the
codebase.
These
events
will
be
organized
on
different
platforms,
providing
varied
opportunities
for
the
community
to
engage
in
securing
the
Ethereum
protocol.

Image
source:
Shutterstock