Ripple is partnering with Immunefi to host a $200,000 "attackathon" to identify bugs in the XRP Ledger lending protocol.
Ripple is offering up to $200,000 to users who find security flaws in the proposed XRP Ledger lending protocol, encouraging white hat hackers to test the platform.
The XRPL community is preparing for one of its most significant upgrades yet with the proposed lending protocol, which is expected to go to validator vote later this year. Before any major amendment like this moves forward, it’s critical to ensure the code is as secure and resilient as possible.
RippleX Head of Product Jasmine Cooper emphasized the importance of security testing before the protocol's launch.
Author's summary: Ripple offers $200,000 for XRP Ledger security testing.