Solana Allocates $1 Million for Bug Bounty in Firedancer Client

The Solana blockchain team will distribute $1 million among users who find bugs in the first version of the Firedancer client for validators.

Announced by an anonymous developer under the pseudonym Cantelope Peel and supported by Immunefi, the program begins on July 10 and will last six weeks.

To receive a reward, participants must complete KYC verification.

Cantelope Peel shared on X that progress on Firedancer is going well.

A little Firedancer update:

— We are currently working on and actively testing our first versions of the Solana consensus and fork choice algorithms.

— We are also working on live voting and various other little bits around that.

— Millions of slots of execution have been…

— CANTELOPEPEEL (@CantelopePeel) July 7, 2024

“We are currently working on our first versions of the Solana consensus and fork choice algorithms and actively testing them. We are also working on live voting and other small details. Millions of execution slots have already been tested and comply with the protocol,” he added.

Firedancer, developed by Jump Crypto, aims to enhance Solana’s resilience. The client is implemented in C/C++, optimizing it for high-frequency trading.

In May, the Solana community proposed SIMD-0096, which fully allocates priority transaction fees to validators. Previously, half of the reward was sent to a burn address, and the other half to the block-producing user.

Earlier, CoinGecko analysts recognized Solana as the fastest among major blockchains. On April 6, the average daily number of transactions per second reached a record level of 1504 amid a meme token boom.

In April, developers updated the software as part of efforts to combat blockchain congestion, which leads to transaction delays.