HomeCoinsEthereum Classic (ETC)Ethereum Classic Labs Announces Chasing the GHOST: Network Security Hackathon, Nov 2,...

Ethereum Classic Labs Announces Chasing the GHOST: Network Security Hackathon, Nov 2, 2020 — Jan 11, 2021 | by Ethereum Classic Labs | Ethereum Classic Labs | Oct, 2020

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Engaging Gitcoin Developers to Focus on Advancements in Detection, Analytics, and Deterrence to Prevent 51% Attacks

Ethereum Classic Labs

In August of 2020, Ethereum Classic experienced three 51% attacks, igniting a strong focus to improve blockchain’s systemic security issues. We are currently fixing these issues by expanding the ETC Core Development team, presenting and supporting new security proposals such as MESS ECIP 1100, led by Isaac A., ETC Core Protocol Lead and Client Developer, and through close collaboration with the ETC community.

To hone in on advancements in detection, analytics, and deterrence, we’re excited to announce the Chasing the GHOST: Network Security Hackathon, powered by Gitcoin. This virtual hackathon, beginning November 2, 2020 — January 11, 2021, will engage the Gitcoin developer community in our quest to accelerate network security on PoW blockchains.

“At ETC Labs, our main area of focus is to improve network security through innovative short-term and long-term solutions,” said James Wo, Founder, and Chairman of ETC Labs. “We’re looking forward to engaging with Gitcoin developers through the Chasing the GHOST: Network Security Hackathon to narrow in on additional ideas and developments as they relate to detection, analytics, and deterrence to compliment MESS and support potential 51% attack resistance.”

This five-week hackathon will happen in two phases:

Phase 1: the RFP-athon will take place November 2, 2020 — November 20, 2021, calling for RFP’s regarding design systems and tools that would make 51% attacks less harmful and harder to execute. This includes ghostwriting tools to support the detection, provide analytics, and deterrence of adversarial network participants.

Prizes for phase I include:

  • 1st Place — $2,000
  • 2nd Place — $1,000
  • 3rd Place — $500

Phase 2: the hackathon happening December 7, 2020 — January 11, 2021, will implement the winning RFP’s in the most effective and efficient way. Present specific security bounties.

Prized for phase II include:

  • 1st Place — up to $50,000
  • 2nd Place — up to $20,000
  • 3rd Place — up to $5,000

Bounties

  • Create Systems to Deter Adversarial Network Participants: We are looking for systems that help deter adversarial network participants from being potential bad actors on the network. For this proposal, we’d like to see algorithms and schemes that can help encourage better network participation and discourage network manipulation. See an example, here.
  • Open Track Bounty: We are looking for you to propose a feature for ETC that improves network for network participants, particularly on a security front. These can vary wildly and we would like to see what aspects you could improve. For example network block propagation, Kademlia improvements, state management improvements, block sealing ethash improvement analysis, fundamentally improving network connectivity, are all only tangentially related to security but can be improved.

Calling all developers, researchers, entrepreneurs, and innovators! We’d love to hear about improvements that could be made to the Ethereum GHOST protocol and other mechanisms relevant to the Ethereum Classic blockchain that could improve the consensus and finality technology.

Check out full event details, deadlines, resources, and sign up for the hackathon here.

For more information contact, [email protected]

About ETC Labs

About GitCoin



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