A WEB3 Bug Bounty is a reward program offered by projects to ethical hackers who identify security issues in software.
It ensures the security of decentralized applications and smart contracts in the WEB3 ecosystem.
By offering rewards, projects demonstrate their commitment to security and build trust within the blockchain community.
Bug Bounty programs follow a three-step process: security assessment, reporting, and reward distribution.
Bug Bounty programs help identify various types of issues, including vulnerabilities in smart contracts, cryptographic flaws, and network vulnerabilities.
Bug Bounty programs also offer benefits like earning rewards that contribute to the WEB3 ecosystem’s security.
CertiK’s Bug Bounty service provides continuous assessments by skilled ethical hackers for identifying vulnerabilities.
Participating in a WEB3 Bug Bounty program is a valuable opportunity for ethical hackers as it provides rewards, experience, and industry recognition in the web3 space.
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