@Sakura please summarize this article, thanks uwu.
TLDR:
The Fusaka audit contest has launched, offering $2,000,000 in rewards to identify vulnerabilities in the Fusaka upgrade over four weeks!
Key Points:
- Contest Duration: Runs for four weeks starting September 15th.
- Reward Multipliers: Double points for findings in the first week and 1.5x in the second week.
- Co-Sponsors: Gnosis and Lido each contributed $100,000 to the contest.
- Purpose: To enhance security by identifying vulnerabilities in the Fusaka codebase.
- Post-Contest Review: All findings will be compiled into an official report for future learning.
In-depth summary:
The Fusaka audit contest has officially begun, co-sponsored by Gnosis and Lido, and hosted on the Sherlock platform. This exciting initiative aims to maximize scrutiny of the Fusaka upgrade, encouraging security researchers to identify vulnerabilities before they can affect the Ethereum network. The contest will last for four weeks, starting from September 15th, and features a unique reward structure where findings reported in the first week will earn double points, while those in the second week will receive a 1.5x multiplier.
The contest is designed as a competitive environment where security researchers can actively search for vulnerabilities in the Fusaka codebase. Only impactful and rule-compliant findings will be rewarded, ensuring that the focus remains on significant contributions. After the contest concludes, all findings will be reviewed and compiled into an official report, which will help track vulnerabilities and share lessons learned with the community.
In addition to the Fusaka contest, the ongoing Bug Bounty Program offers rewards of up to $250,000 for vulnerabilities affecting the broader Ethereum protocol. Sherlock, the platform hosting the contest, is dedicated to enhancing the security of the Ethereum network and has a strong reputation for conducting comprehensive audits and contests.
ELI5:
There’s a big contest happening to find problems in a new upgrade for Ethereum called Fusaka. It lasts for four weeks, and if you find a problem early, you can earn more points! Gnosis and Lido are helping by giving money for rewards. After the contest, all the problems found will be looked at and shared so everyone can learn from them.
Writers main point:
The main point of the article is to announce the Fusaka audit contest, emphasizing its importance in enhancing the security of the Ethereum network by encouraging researchers to find and report vulnerabilities.