Dash ready to pay to be hacked

in #blog6 years ago


Dash is a crypto currency that uses the Darksend mechanism to make the transactions of its currency absolutely anonymous. Recently, the company announced a collaboration with a group of white hackers Bugcrowd in order for them to discover holes in their blockade. This is done so that the currency can guarantee the maximum safe for each operation.

This practice is not new, Google often pays rewards to hackers (and sometimes ordinary people) who find bugs, holes or errors in their functionality.

Jim Bursch acts as the coordinator of the joint project and believes that a good reward is a great incentive for hackers.

Dash and differs from many crypto currency just because it has a high level of security. At the moment, the price for one token varies between $ 150 and $ 200. The funds that the team receives at the time of the price jump are used for other long-term projects.

The security check is available to 60,000 "invited" hackers and for each found bug they will be paid a reward.

Dash Core CEO Ryan Taylor believes that such a practice is necessary, since such programs attract the attention of new participants who, through a fresh look, can see the new vulnerabilities that the Dash developers missed.

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