Home Coins Ethereum 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

- Advertisement -


Building Upon the Successful Implementation of MESS and Engaging Gitcoin Developers to Improve Detection, Analytics, and Deterrence of 51% Attacks

Ethereum Classic Labs

On October 10, Ethereum Classic successfully implemented an innovative 51% attack solution, MESS ECIP 1100. It was developed by Isaac A., ETC Core Protocol Lead and Client Developer, and the ETC Core Team, in partnership with Open Relay, ChainSafe Systems, and the ETC community. MESS has already been adopted by miners and exchanges. It has led to new miners joining the ETC network, to a reduction in confirmation times, and to a more secure ETC network.

To build upon the success of MESS and to contribute to further innovation on PoW network security, 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 to complement MESS and to advance the detection, analytics, and deterrence of attacks. While all PoW blockchains are vulnerable to 51% attacks, there is not enough innovation.

“At ETC Labs, we are committed to network security,” said James Wo, Founder, and Chairman of ETC Labs. “In implementing MESS to secure the ETC network, it became clear that there was a lack of innovation around 51% attack resistance. We’re looking forward to engaging with Gitcoin developers through the Chasing the GHOST: Network Security Hackathon to foster innovation around the vulnerability that all PoW blockchains have.”

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 1 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 example, here.
  • Open Track Bounty: We are looking for you to propose a feature for ETC that improves network for 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



Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
472FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,555FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.21
GBP
1.34
CHF
1.11
NOK
0.11
JPY
0.01
CAD
0.77
AUD
0.74

Most Popular

Eth2 withdrawals are coming sooner than you think

Withdrawals for Ether staked on Ethereum 2.0 could become available as early as Q1 2021, according to a blog post by staking service...

Reuters runs the headline Bitcoiners have longed to read

The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news...

Ethereum Scalability Solutions, Connext and Stakenet | XSN Research | by Shahab Behzadi | Dec, 2020

There have been many attempts at upgrading blockchain infrastructure, with the very first one being Lightning Network, which is arguably as old as...

Ethereum’s market cap surpasses GM, CME, and tech stocks — What’s next?

2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before...
bitcoin
Bitcoin (BTC) $ 18,608.95
ethereum
Ethereum (ETH) $ 583.80
ripple
XRP (XRP) $ 0.604914
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 289.05
bitcoin-cash-sv
Bitcoin SV (BSV) $ 168.89
litecoin
Litecoin (LTC) $ 84.98
eos
EOS (EOS) $ 3.01
binancecoin
Binance Coin (BNB) $ 30.03
okb
OKB (OKB) $ 5.22
tezos
Tezos (XTZ) $ 2.32
leo-token
LEO Token (LEO) $ 1.37
cardano
Cardano (ADA) $ 0.152387
monero
Monero (XMR) $ 127.41
stellar
Stellar (XLM) $ 0.180715
chainlink
Chainlink (LINK) $ 13.41
huobi-token
Huobi Token (HT) $ 3.98
tron
TRON (TRX) $ 0.030214
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 103.09
neo
NEO (NEO) $ 17.63
iota
IOTA (MIOTA) $ 0.325832
nem
NEM (XEM) $ 0.187508
zcash
Zcash (ZEC) $ 74.49
maker
Maker (MKR) $ 537.86
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 6.25
vechain
VeChain (VET) $ 0.014792
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 4.46
kucoin-shares
KuCoin Shares (KCS) $ 0.816743
waves
Waves (WAVES) $ 6.80