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alexcnwy
on March 3, 2019
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Teen Becomes First Hacker to Earn $1M Through Bug ...
Sounds like an actual use case for staking - bug bounties on teh blockchain!
Moodles
on March 3, 2019
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Hopefully, probably sarcastic, but just in case you're not: who puts the data on the blockchain?
alexcnwy
on March 3, 2019
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parent
[–]
The company posting the bounty. Third party verifies the bug. Why sarcastic?
vertex-four
on March 3, 2019
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root
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parent
[–]
Why doesn’t the third party publish the data themselves then?
alexcnwy
on March 4, 2019
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root
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parent
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The third party doesn't know about the vulnerability. Company C posts bug bounty B in contract. Researcher X discovers vulnerability. Validator Y confirms the vulnerability and X gets paid (1-f)B where f is validator fee.
vertex-four
on March 4, 2019
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root
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parent
[–]
OK, so why doesn't Y hold the money as well, given that they're in the position of deciding whether or not X gets it?
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