Follow hacking @ DEVCON1, Martin Swende The leaderboard of the top 100 is dominated by number 1. Number 1 in the leaderboard the Ethereum Bounty Program. The bounty program will continue to run and the last bounty awarded The total amount of 5 BTC. Anyone can join the program. The program is open to anyone. BTC Relay We want to emphasize the ongoing security audit of Ethereum, which is important for DApps and for its launch. This is why we have included it in the Ethereum Bounty Program.
BTC Relay implements Bitcoin SPV on Ethereum. https://en.bitcoin.it/wiki/Thin_Client_Security
BTC Relay has as its main goal to relay any Bitcoin transaction sufficiently confirmed to an Ethereum contract. The relay will be able send any Bitcoin payment or arbitrary transaction made on the canonical Bitcoin Blockchain to a specified Ethereum contract. More details in the spec.
The goal of the bounty program is to identify issues with security, such as accepting invalid blockheaders or false proofs. BTC Relay can also offer bounties if it fails to relay a valid Bitcoin transaction.
Please be aware that BTC Relay is a separate service.source Major bugs will receive rewards up to 1 BTC. You can earn much higher rewards (up to 5 BTCRewards are available to everyone except judges of the bounty program and developers of BTC Relay. Everyone is eligible to receive rewards, except for bounty program judges and BTC Relay developers.
The scope is the contract. “.se” Files in the root directory:
https://github.com/ethereum/btcrelay/tree/1466934855225b1e4a87031d299c1209ba12d503
This is an official commitment to https://github.com/ethereum/btcrelay develop branch).
Complete SPV client functionality is not included in the scope (for example, Bitcoin block timestampeds are not checked for gas savings). The scope does not include better mechanisms for incentive, gas costs and other algorithm optimization. Nevertheless, we will gladly consider any feedback.
BTC Relay has been added to the Ethereum Bounty program. http://bounty.ethdev.com apply. Examples of websites that are not included in the bounty program include those submitted by other users or sites. already known The team is not eligible to receive bounty rewards. This means that, in addition to monetary rewards for each bounty, it is also possible to receive:
- Listing on the Ethereum bounty leaderboard as points accumulate over the course the program.
- Once Ethereum namereg is live, you can add your personal inscription.
- Limited edition exclusive Ethereum Bountyhunter shirt
All are welcome to join BTC Relay. https://gitter.im/ethereum/btcrelay. The bounty program will last for a couple of weeks before BTC Relay is launched on Frontier. Here are some topics to discuss with the Frontier community, and questions that remain open for the launch.
- What should be the first BTC Relay block?
- Due to technical and practical considerations, the first block that can be saved in BTC Relay (the first difficulty retarget) is block 2016. BTC Relay’s first block has to be a difficulty-retarget block, that is a divisible block by 2016.
- How likely is it that you will be able to verify Bitcoin transactions made a long time ago?
- What would be the benefit if BTC Relay began with the block difficulty retargeting two years ago?
- This would be the block number 389088
- What do you think the default fee should be for BTC Relay, which is paid by verifiers in ETH?
- script’s current fee is 0
- It costs less than 0.01 ETH on average to submit a header block. Should the default fee be set at 0.01 ETH?
- The default fee can also be altered by the submitter, though the incentive mechanism will not reward excessive fees.
Last but not least, the BTC Relay Bounty Program is now available. “news & updates” It was only a few days ago that bounty.ethdev.com received its first bounty submission.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: blog.ethereum.org
