Solana

Parabolic

Millions

Million

Gains

<p>Jump Crypto has launched a bug bounty program that offers $1 million to Solana developers who identify flaws in the upcoming “Firedancer” independent validator.</p>
<p>Powered by Immunefi, the <a href="https://immunefi.com/boost/firedancer-boost/" target="_blank" rel="noopener noreferrer nofollow">bounty program</a> will run from July 10 to August 21, with participating developers able to tap into the $1 million rewards pool if they detect flaws.</p>
<h2 id="improving-the-resilience-of-the-solana-network">Improving The Resilience Of The Solana Network</h2>
<p>The Firedancer validator client will enhance the performance of the Solana blockchain, with its release coming at a critical time, given the significant increase in activity on the network.</p>
<p>According to pseudonymous developer @CantelopePeel, the development process for the validator client was going smoothly. The team was actively testing the first versions of the Solana consensus and fork choice algorithms.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">A little Firedancer update:</p>
 <p>– We are currently working on and actively testing our first versions of the Solana consensus and fork choice algorithms.</p>
 <p>– We are also working on live voting and various other little bits around that.</p>
 <p>– Millions of slots of execution have been…</p>
 <p>— CANTELOPEPEEL (@CantelopePeel) <a href="https://twitter.com/CantelopePeel/status/1810066242876887099?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Firedancer will support high trading volumes on Solana to ensure the network continues running smoothly even during periods of peak demand.</p>
<p>Despite the development, the Solana price is down 1.2% in 24 hours to trade at $137 at 04:40 a.m. EST.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/the-pepe-price-plunges-13-but-experts-say-consider-this-layer-2-alternative-for-parabolic-gains" rel="noopener noreferrer nofollow">The Pepe Price Plunges 13%, But Experts Say Consider This Layer-2 Alternative For Parabolic Gains</a></li>
 <li><a href="https://insidebitcoins.com/news/viral-telegram-clicker-game-hamster-kombat-reaches-239-million-users-in-81-days" rel="noopener noreferrer nofollow">Viral Telegram Clicker Game Hamster Kombat Reaches 239 Million Users In 81 Days</a></li>
 <li><a href="https://insidebitcoins.com/news/bitcoin-slumps-7-as-crypto-crash-triggers-588-million-liquidations-amid-mt-gox-selloff-fears" rel="noopener noreferrer nofollow">Bitcoin Slumps 7% As Crypto Crash Triggers $588 Million Liquidations Amid Mt. Gox Selloff Fears</a></li>
</ul>

Jump Crypto Offers $1 Million Bounty For Finding Bugs In Solana Firedancer Client

Table of Contents

Inside Bitcoins

Other articles published on Jul 8, 2024

North Carolina’s CBDC Ban Bill Vetoed By Governor

Compound (COMP) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

SEC Rejects BNB Ruling’s Relevance For XRP Case; Rollblock Presale Nears 5K Registrations

Investors Boost Crypto Inflows

Ethereum Whale Investors Push New Ethereum Cryptocurrency Inspired By Mbappé

Bitfarms Appoints Ben Gagnon as CEO Amid Takeover Turmoil

Join our free newsletter for daily crypto updates!