Cardano Founder Challenges ADA Community With $1 Million Bounty on Lace Paper Wallet
Sunday, 18 August 2024, 12:40
The Challenge of Enhancing Security
In a surprising move, Cardano founder Charles Hoskinson has introduced a $1 million bounty to promote security measures for the newly developed Lace Paper Wallet. By inviting members of the ADA community to find vulnerabilities, Hoskinson aims to enhance the product's defenses against potential threats.
Details of the Bounty
- Participants must undergo KYC procedures to qualify for the reward.
- The bounty reflects the growing emphasis on security in the cryptocurrency space.
- Winners who successfully breach the wallet's security will receive a significant financial reward.
This initiative represents a crucial step in fostering a secure environment for users of the Lace Paper Wallet and engaging the community's expertise in cybersecurity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.