Crypto

Bitcoin Bug Bounty Initiative Endorsed by Human Rights Foundation to Aid Activists Globally

Offering a shocking benefit of 20 Bitcoins, the Human Rights Foundation (HRF) has actually started an objective to improve the performance of Bitcoin and the Lightning Network. Through their bug bounty program, they intend to promote and guarantee the security of these systems.

Valued at roughly $60,000 each, these 10 bug bounties total up to over half a million dollars. The primary goal of this effort is to attend to crucial obstacles in Bitcoin’s user experience (UX), with a specific focus on enhancing mobile wallets.

HRF’s Chief Strategy Officer, Alex Gladstein, highlighted the motivation behind the 10 determined enhancements from interactions with worldwide activists. The modifications searched for might significantly benefit the larger Bitcoin neighborhood.

According to the statement:

“An individual or team who fully solves any of the 10 challenges will be eligible to receive a bounty of 2 BTC.” 

By actively motivating designers to take part, HRF intends to develop a more smooth and safe and secure environment for activists and human rights protectors around the world.

Open-Source Design Components For Bitcoin Projects

The bug bounty obstacles cover numerous locations, consisting of a concentrate on supplying designers with open-source style parts for BTC jobs. The present dependence on exclusive style software application called Figma has actually restricted development in this area.

To address this concern, HRF intends to empower designers by approving open door to a Bitcoin User Interface (UI) guide, promoting the production of more effective and easy to use user interfaces.

Bitcoin a little above $29K variety. Chart: TradingView.com

Nostr, an open-source and censorship-resistant social media network backed by Block co-founder Jack Dorsey, is likewise an important element of the bug bounty program. The network has actually acquired substantial attention in crypto, especially amongst technically likely people.

HRF’s effort looks for to reinforce and broaden the advancement of Nostr, guaranteeing a more robust platform for interaction and details exchange.

Moreover, the bug bounties attend to the enhancement of Bitcoin wallets, concentrating on obstacles dealt with by users when crossing borders. Generating and remembering seed expressions in such circumstances is essential for preserving personal privacy and security.

The bug bounty program is open till December 31, 2024, providing interested celebrations sufficient time to take part and add to advancing Bitcoin’s UX.

All submissions will be evaluated completely by external market professionals to guarantee trustworthiness. Any unclaimed bounties will be reinvested into the HRF’s Bitcoin Development Fund.

Submission And Verification Process

By supporting this practice worldwide, HRF stays dedicated to promoting monetary flexibility for dissidents and human rights activists.

The considerable financing of 20 BTC for these bounties stems from the HRF’s Bitcoin Development Fund. This branch of the Foundation is dedicated to broadening monetary flexibility for human rights protectors worldwide.

According to Gladstein, Bitcoin is not simply a monetary tool; it represents a lifeline for activists who deal with relentless attacks on their checking account, enabling them to continue their important work.

Featured image from Medium

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