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Bug Bounty
HomeGlossary TermsBug Bounty

Bug Bounty

June 22, 2023BY Ubik Capital
213Views

A bug bounty, also known as a vulnerability rewards program (VRP), is an initiative offered by blockchain or software development companies to incentivize external developers to identify and report potential issues within their network protocols or platforms. Bug bounties typically involve financial rewards for successful audits of computer code. In the blockchain field, these rewards are often provided in the form of the underlying cryptocurrency asset or token of the network.

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