zk.egold.dev — ZK Exploit Disclosure Protocol on Ethereum
The zk.egold.dev platform introduces a trustless ZK Exploit Disclosure Protocol on Ethereum to address the issue of smart contract vulnerabilities. In 2023, over $1.8 billion was lost to exploits, highlighting the need for a standardized disclosure method. The protocol utilizes Groth16 zero-knowledge proofs to allow researchers to prove knowledge of an exploit without revealing it, ensuring they are compensated fairly.
- ▪Smart contract bugs have resulted in over $1.8 billion in losses in 2023.
- ▪Traditional bug bounty programs require researchers to disclose exploits before receiving payment.
- ▪The ZK Exploit Disclosure Protocol uses zero-knowledge proofs to verify exploits without revealing them.
Opening excerpt (first ~120 words) tap to expand
try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3965652) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } ar1as1 Posted on Jun 3 zk.egold.dev — ZK Exploit Disclosure Protocol on Ethereum #web3 #ethereum #zkbounty #groth16 Smart contract bugs cost billions. In 2023 alone, over $1.8B was lost to exploits. The problem? No standardized way for security researchers to disclose vulnerabilities and get rewarded fairly. ##zkbounty## solves this with a trustless ZK Exploit Disclosure Protocol on Ethereum. The Problem Traditional bug bounty has a trust problem.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at DEV.to (Top).