Solana Firedancer Client $1M Bug Bounty Begins This Week

YEREVAN (CoinChapter.com) — Solana developers have a new opportunity to earn up to $1 million by finding bugs in the “Firedancer” validator client. This bug bounty program begins on Wednesday and offers substantial rewards for critical bug discoveries.

$1M Firedancer Bug Bounty by Jump Crypto

Jump Crypto is offering the bug bounty program and it is being hosted on the Immunefi platform. The program will run for 42 days from July 10 to August 21. The total rewards pool is $1 million, with the maximum payout for a single bounty set at $1 million, paid in USD Coin (USDC).

Boost Your Skills: Firedancer Bug Bounty. Source: @CantelopePeel

Participants must register and complete Know Your Client (KYC) details to join the program. Bugs found on Firedancer v0.1 will be reviewed within 24 hours on weekdays. This is the first bug bounty program specifically for Firedancer.

Enhancing Solana’s Network Performance

Firedancer, developed by Jump Crypto’s engineer Cantelope Peel, aims to improve Solana’s network performance. As an independent validator client, Firedancer processes transactions and builds blocks on Solana’s $60 billion network.

Firedancer is designed to address issues with Google’s QUIC protocol. The protocol has had difficulties processing transactions during high network activity. Peel and his team are actively testing the first versions of Solana’s consensus and fork choice algorithms. Peel mentioned,

“We are also working on live voting and various other little bits around that.”

Firedancer Update: Testing and Progress. Source: @CantelopePeel Firedancer’s Development and Key Milestones

Notably, the Firedancer project began on January 30, 2023. It was first tested on a Solana testnet in November 2023. The client is implemented in C and C++ languages to handle high trading volumes. Solana Labs co-founder and CEO Anatoly Yakovenko noted that Firedancer can increase the speed of the Solana network.

Peel proposed a similar version of Firedancer for Ethereum in March, but no significant developments have been reported since.

At press time, SOL traded at $139.

Solana ETF Filing Impact on Price. Source: CoinMarketCap

The post Solana Firedancer Client $1M Bug Bounty Begins This Week appeared first on CoinChapter.