PROPOSAL 5: Fund Bug Bounty

[This proposal comes from @carambax. You can see and discuss the original proposal here: PROPOSAL: Fund Bug Bounty

To support this proposal, sign it using the heart (like) button under this post you’re reading now.]

DESCRIPTION
In addition to the offer PROPOSAL 6: Bug Bounty: PROPOSAL 6: Bug Bounty

Crypto industry is unsafe sphera, there are constantly hacking, which affect on the loss of funds and reputation of the projects. Since HOPR is planned for security and confidentiality, I propose to organize a fund for the Bug Bounty program, and send most of the funds to it.

JUSTIFICATION
Allocation of the Permanent Fund (program) bug bounty search will allow the attracts of the best researchers who will be able to search for errors and vulnerabilities in the project, both within the framework of the Testnets, and within the framework of the Mainnet.

IMPLEMENTATION
Foundation can be rhane in two types (to choose from):

  1. Place the permanent programs on existing sites
    In this case, the implementation of the program is accomplished by the platform):

Costs: Commissions platform (optional) and renewable researchers.

  1. Develop and maintain their own program Bug Bounty by the Hopr team. In this case, all the implementation and support of the program is carried out by the Hopr team (here it is possible to need an additional staff).

Costs: Personnel Payment and and renewable researchers.

BUDGET
On this initiative, I propose to allocate - 168.763 DAI.
To attract the best researchers to the program and make the Hopr project as the best of security, it is necessary to allocate significant funds.

17 Likes