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Libra Introduces Bug Bounty Program With Upto $ 10,000 Reward
David Marcus, the Facebook blockchain head, announced a new step for Libra today, in a tweet, allowing developers to secure Libra, Facebook’s blockchain.
The Libra Association has released its program dubbed “Bug Bounty”, asking for developers to send bugs that they find in the Facebook blockchain.
Prior to its release, Marcus has constantly been promising initiatives to ensure that Libra is secure, compliant, and fleshed out. During the U.S. Congressional hearings, Marcus stated that there is still work to be done before releasing a secure Facebook cryptocurrency, and ensured continued discussions with industry players and lawmakers as the plans move forward.
A statement from the association noted that the program will allow a secure and scalable launch by including those with diverse skillsets to analyze the outcomes and inspect its blockchain after the launch. Libra has also collaborated with a bug bounty community, HackerOne.
The highest quality submissions of these bugs will be publicly showcased, after getting the reporter’s permission, in order to increase transparency regarding problems and their solutions. Moreover, the program also grants rewards scaling up to $10,000 pay-out.
Libra ensures that the program will be available to access globally, as per the purported value of global utility for its upcoming cryptocurrency.
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