Ethereum Shapella Upgrade: Bug Bounty Doubled to $500k

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After deployment on Ethereum’s mainnet, Shapella will enable staked ETH withdrawals for the first time.

With the much-anticipated Shapella upgrade just around the corner, the Ethereum Foundation has increased the bug bounty.

This isn’t the first time the organization has ramped up its bug bounty program. The Ethereum Foundation announced increasing the payouts fourfold ahead of the blockchain’s transition to proof-of-stake for all “Merge-related bounties for vulnerabilities” for white hats testing the network. On the other hand, targets such as infrastructure , as well as ERC20 contract bugs, are not part of the bounty scope.The final dress rehearsal for the Shapella upgrade was executed on March 14th on the Goerli test network, setting the stage for staked ETH withdrawals to activate on the mainnet.

 

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