Cryptocurrency

The Merge ethereum date is getting closer. Ethereum Foundation promises $1 million to anyone who finds critical bugs in The Merge

Published

on

The Merge ethereum date is getting closer. That’s why the Ethereum Foundation community increased the prize money for finding bugs in The Merge update to $1 million, according to the official website of the organization.

However, at the time of writing, the maximum reward on the rewards site is set at $250,000. Such a reward is ready to be given for a remote attack, to which most popular Ethereum-protocol clients are exposed.

It is not clear yet what kind of detected errors the Ethereum Foundation is ready to pay up to $1 million for. Earlier, it became known that critical vulnerabilities were found in updates to Go Ethereum (Geth) and Nethermind client protocols.

The importance of The merge for the entire crypto industry

Ethereum developer Peter Silaji stated that the latest update for Geth contains a functional regression that leads to incorrect code execution. Moreover, the vulnerability can lead to a database compromise, but only if the entire Ethereum network goes down. The bug has already been identified and a patch has been submitted, but it remains unclear whether all of the problems have been resolved.

As Ethereum developer Mika Zoltu noted, the issue in Geth is unlikely to shift the timeline for Ethereum’s transition to the Proof-of-Stake algorithm.

Meanwhile, the Ethereum community is preparing for an update to The Merge, which was previously scheduled for September 15, but has now changed the “move” timeline to between September 10 and 20. Earlier, Ethereum’s Vitalik Buterin warned that the network’s “move” to the new Proof-of-Stake algorithm could be delayed until October this year if developers identify potential risks.

Previously, we reported that the Huobi-backed trading platform NFT left the international marketplace.


Trending

Exit mobile version