$ADA Cardano founder Charles Hoskinson has challenged the crypto community to hack the newly launched Lace Paper Wallet by offering a $1 million bounty. This move aims to strengthen the wallet's security and identify potential vulnerabilities.
Cardanoâs Web3 wallet, Lace, has introduced a new security feature with its Paper Wallet option. This feature simplifies wallet protection by allowing users with existing PGP keys to restore their wallet using a single encrypted QR code.
In addition to the bug bounty, Cardano showcased its scaling solution, Hydra, at the Rare Evo 2024 event. By processing every frame of the game Doom as a transaction, Hydra demonstrated its capacity for high-speed, real-time blockchain operations.
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