Ethereum Foundation to Hire Internal Security Team for ETH 2.0 Roll Out

The Ethereum Foundation will ramp up the security of its much anticipated Ethereum 2.0 network by hiring a security team dedicated to this function. According to tweets by Ethereum 2.0 researcher, Justin Drake, the foundation has already started the recruiting process for an internal Eth2 security team. This group is tasked with identifying potential tokenomics and cybersecurity issues in the upcoming Ethereum network.

Some of the talent that the foundation is looking to hire include audit specialists for the general and software model of Ethereum 2.0. Consequently, detailed tasks will run from pager duty, bounty hunting, and fuzzing, all of which are affiliated to Eth2 software security management.

Notably, this is not the first time Eth client developers will engage in fuzzing; the team had already initiated this bug searching technique in collaboration with Sigma Prime. Fuzzing involves triggering a non-standard response from software by feeding it garbage. As for the tokenomics aspect, the foundation is looking for Economic modeling experts who will be able to verify mathematically that underlying algorithms are secure.

Ethereum 2.0’s Security Beef Up Ahead of Mainnet

Ethereum 2.0 stakeholders have been heavily investing in security fundamentals within the last few months. The network was set to debut as early as July but did not roll out owing to some setbacks; security issues got a fair share of this cake. The foundation has since launched several testnets in preparation for the Mainnet launch, although the launch date is yet to be clear.

Most recently, Eth2 launched an ‘attack network’ incentive for bounty hunters to find issues within the network’s ecosystem. This initiative was successful, having seen quite several exploits patched with the foundation now moving to a multi-client attack net as of August 4. Dubbed the ‘Medalla Testnet,’ it will be the first Eth2 testnet where the majority of the validator nodes are run by the community. Should it prove to be stable, the Mainnet launch will follow!

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Edwin Munyui
Edwin Munyui
Edwin is a FinTech enthusiast with a particular interest in blockchain technology and cryptocurrencies. He has worked as an author in the blockchain space since 2017 and enjoys creating content that both crypto veterans and newbies can understand. His simple writing style and financial market knowledge have made him a reputable fundamental and technical analyst with the ability to handle any topic around blockchain and crypto over the years.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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