Firedancer Makes Researchers Burn 1 SOL, Even for Duplicate Bug Reports

Imagine a world where you spend hours, even days, tracking down a security bug in a cryptocurrency, only to have it rejected because someone else reported it first. Welcome to the world of Firedancer, a bug bounty program that's making waves in the crypto space. With its new rules, Firedancer requires researchers to burn 1 SOL (a type of cryptocurrency) to qualify for a bug bounty, even if someone else has already reported the issue. But here's the catch - the burn is non-refundable, even if the report is valid. This change has sparked controversy, with some arguing that it's too harsh on researchers. But why is Firedancer making this change? According to Ishan Bhatt, the team behind Firedancer, the problem lies in the review process. With a backlog of 299 open reports, it's no wonder that duplicates are piling up. Bhatt says that the team believes nearly every contest report was discovered or written by an agent, using similar models to converge on the same bugs. So, what's the solution? Firedancer is keeping rewards available and temporarily increasing them, but the deadline for the boost is November 20th. Will this change be enough to reduce the number of duplicates and make the review process more efficient? Only time will tell. Don't miss out on the latest crypto news and analysis - subscribe to our channel for the inside scoop.

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