Jacob Creech, Solana’s Head of Developer, reminds the broader community that the team will reward anyone with $400,000 in SOL, the platform’s native currency, if “switch off” or halt the high throughput network. Taking to X on October 13, Creech encouraged interested white hacks and coders to head over to their repository and begin penetration tests. 

Solana Bug Bounty Program

The executive also linked Solana’s GitHub, where interested coders could learn more about the bug bounty program. The Solana bounty program rewards different amounts to white hacks depending on the severity of the vulnerability. Those who successfully halt the blockchain’s consensus will receive $400,000 in locked SOL for a year.

Solana is a highly scalable network and one of Ethereum’s top competitors. Through its architecture, it can process more transactions than legacy chains, including Bitcoin (BTC) or Ethereum (ETH), which can manage 7 and 15 transactions per second (TPS), respectively, when working optimally.

Solana remains popular, and its developers have gradually enhanced the platform, making it more performant and reliable. However, though Solana has high throughput, there have been multiple occasions when its reliability has been questioned. 

Solana price on October 13| Source: SOLUSDT on Binance, TradingView

Public ledgers like Solana should maintain a high level of reliability, close to 100%, because of the distribution of its validator nodes. These nodes are supposed to remain online, ensuring that every transaction posted is confirmed to be valid and added to a block. This, on some occasions, has not been the case for Sola

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Author: Dalmas Ngetich

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