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This report updates on what WEFUZZ, Coinbase Crypto Group Fund grant recipient, has been engaged on over the primary a part of their year-long Crypto growth grant. This particularly covers their work on a decentralized, crowdsourced safety audit and bug bounty resolution.By WEFUZZ, Coinbase Crypto Group Fund grant recipientWEFUZZ implements a totally decentralized, crowdsourced safety audit and bug bounty resolution: a set of sensible contracts that enable builders and corporations to get their sensible contracts, blockchains, web sites, and so on., audited by the auditors and hackers neighborhood. With this work, WEFUZZ goals to turn into the *Hacker DAO*.Crowdsourcing is a sourcing mannequin during which people or organizations receive items or companies — together with concepts, voting, micro-tasks and so on., from a big, comparatively open, and quickly evolving group of members. Firms like Uber, Gitcoin and GoJek already use this mannequin. Crowdsourcing mannequin gives improved prices, velocity, high quality, flexibility, scalability, and variety.The standard crowdsourcing system consists primarily of three roles: requesters, staff (auditors in our case), and a centralized system. Requesters submit duties to be accomplished by the crowdsourcing system. A set of auditors full this activity and submit options to the crowdsourcing system. Requesters will then choose a correct resolution (often the primary or one of the best one which solves the duty) and reward the corresponding workerThis makes centralized programs susceptible. Consumer’s delicate data (e.g. identify, e-mail tackle and so on.,) and vulnerability studies are saved within the database of those centralized programs, which has the inherent threat of privateness disclosure and knowledge loss. Centralized choke factors should not solely assault vectors for leaks and hacks, but additionally for outages.Crowdsourcing corporations are eager on maximizing their advantages and require requesters paying for companies, which in flip enhance person’s prices. Most crowdsourcing programs demand a ten–25% service payment.All these points add as much as the already present issues of sensible contract and multi-chains house owners and builders (the audit requesters), freelance auditors’ and moral hackers’ issues. A few of these issues are:Making certain their property are protected from cyber theft, knowledge hacks or every other threat that may end up in a lack of funds and compromised dataBeing capable of get audits finished in an economical manner — be it non-public or public safety auditsMaking positive the sensible contracts are audited by a number of auditorsHackers don’t need to share delicate private dataHackers and auditors and builders want full transparencyWEFUZZ is a totally decentralized, crowdsourced audit and bug bounty platform aiming to be the Hacker DAO. WEFUZZ goals to supply reliability, equity, safety and low service charges by design.The decentralized platform has many benefits similar to larger person safety, service availability, and decrease prices. Sensible contracts operating on a selected blockchain are used to carry out the entire means of crowdsourcing duties which accommodates posting audit and bounty campaigns, submitting audit and bug studies, bounty task, and so on.WEFUZZ resolution gives quite a few added advantages to customers:Information Safety: Studies are encrypted with auditors’ and goal builders’ public key, in order that the bug studies solely will get learn by who it’s supposed for. Recordsdata are encrypted and saved on the decentralized community storage. No extra knowledge breaches, hacks, password leaks or every other threat affecting present cloud based mostly audit and bug bounty platforms.Price Effectiveness: Permitting sensible contract builders, multi-chain builders, and corporations to get audits carried out in an economical manner straight by the auditors and hacker crowd on the WEFUZZ platform. This helps the builders and corporations keep away from enormous charges and congestion points affecting the normal bug bounty platforms.Versatile anonymity: Auditors and hackers can select to stay nameless whereas submitting studies, defending their privateness, and nonetheless getting paid.Communication Safety: No centralized knowledge storage, full anonymity, no knowledge transfers, no moderators and full end-to-end encryption. All the information resides encrypted on the Solana blockchain and all of the information reside on the IPFS blockchain.Audit Requestors: Builders, corporations or any particular person can request audits or begin a personal/public bug bounty marketing campaign.Auditors: Auditors may be anybody from moral hackers to audit companies who can carry out the requested audits or take part in bug bounty campaigns.Judges: Judges are neighborhood members who’re both elected by the neighborhood or have been raised to the Decide class by popularity.Presently, we’re engaged on the conceptualization, technical structure, and system design of WEFUZZ, moreover constructing our MVP on Solana and Polygon blockchains, and testing the optimum chain for our venture.Please be part of our Discord and observe us on our Twitter and Medium to maintain monitor of the progress. We’re going to launch the code and different instruments we construct as a part of the analysis and growth on this Github account.
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