Blockchain agency Elrond has invited hackers to assault its community in the course of the upcoming incentivized stress check.
According to an announcement on June 2, the upcoming Elrond incentivized stress check will embrace quite a lot of totally different assaults on the community. Elrond CEO Beniamin Mincu defined to Cointelegraph:
“Anything that takes the community down is allowed, so long as it is not breaking the legislation or social privateness of individuals. So DDoS-ing, hijacking rewards, stealing cash, double spending, minting new cash & different comparable conditions – we’ll reward each profitable try and do any of these issues.”
A blockchain remodeled right into a cyber battleground
Per the announcement, the stress check “will see Elrond’s test network transformed into a virtual battleground.” The occasion will characteristic a $40,000 prize pool to incentivize participation within the stress check forward of the primary community’s launch.
After the check, individuals will obtain $20,000 within the community’s native ERD tokens. Furthermore, a further $20,000 is assigned to staking rewards for mainnet node operators to be distributed over the subsequent 12 months.
Mincu mentioned that the stress check will even embrace a number of community restarts and onerous forks. The occasion will happen on June four and — after its completion — last preparations for the mainnet launch will start:
“[This test] is the ultimate and most vital step earlier than the Elrond mainnet. Through it, we’ll show a strong and performant community resulting in the launch. This is a exceptional milestone, and as soon as 15 days have handed the place the community runs with out interruptions in a excessive TPS atmosphere, we’ll know Elrond is able to go dwell.”
A method to check reliability
Stress assessments are often used to verify how dependable blockchain networks are below excessive circumstances.
One instance of such a check was the BCH Stress Test Day in early September 2019. The occasion noticed the Bitcoin Cash (BCH) community course of 2.1 million transactions inside 24 hours.