Solana has announced a significant $1 million bug bounty program for its ‘Firedancer’ client, set to begin on July 10, 2024. This initiative aims to enhance the security of the Firedancer client by incentivizing developers and security experts to identify and report potential vulnerabilities.

Firedancer, developed by Jump Crypto in collaboration with the Solana Foundation, is a new validator client designed to improve the performance and security of the Solana blockchain. The bug bounty program will be managed through Immunefi, a leading bug bounty platform in the Web3 space, which has successfully run similar programs for other blockchain projects [❞] [❞].

Participants in the program can earn rewards based on the severity of the vulnerabilities they discover. The payouts are structured to prioritize critical bugs that could have significant impacts on the network, with rewards going up to $1 million for the most severe issues [❞] [❞].