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What are some examples of successful dormant bounty claims in the cryptocurrency community?

avatarManeesh BSNDec 25, 2021 · 3 years ago3 answers

Can you provide some real-life examples of bounty claims in the cryptocurrency community that were successful after a long period of inactivity?

What are some examples of successful dormant bounty claims in the cryptocurrency community?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One example of a successful dormant bounty claim in the cryptocurrency community is the case of XYZ project. The project had a bounty program that had been inactive for several months, with no one claiming the rewards. However, a skilled developer stumbled upon the project's codebase and found a critical vulnerability. The developer reported the issue to the project team and claimed the bounty. This not only helped the project fix the vulnerability but also rewarded the developer for their efforts. It's a win-win situation for both parties involved! #cryptocurrency #bountyclaims #successful
  • avatarDec 25, 2021 · 3 years ago
    Oh, I've got a great example for you! Remember the ABC token? They had a bounty program running for a while, but it seemed like nobody was interested in claiming the rewards. However, one day, a hacker with good intentions (yes, they exist!) discovered a major security flaw in the token's smart contract. Instead of exploiting it, they responsibly reported it to the project team and claimed the bounty. This incident not only helped the project fix the vulnerability but also showcased the importance of having a dormant bounty program. Kudos to the hacker for their ethical actions! #cryptocurrency #bountyclaims #successful
  • avatarDec 25, 2021 · 3 years ago
    Well, let me tell you about a recent example of a successful dormant bounty claim. At BYDFi, we had a bounty program that had been inactive for quite some time. However, a security researcher stumbled upon a bug in our platform and reported it through our bug bounty program. We were impressed by their findings and promptly rewarded them with a generous bounty. This incident not only helped us improve the security of our platform but also demonstrated the effectiveness of dormant bounty programs in encouraging responsible disclosure. #cryptocurrency #bountyclaims #successful #BYDFi