XinFin Network Launches A New Bug Bounty Program and announces mainnet launch d

The bug bounty program will enable participants to earn rewards by running and testing an "Apothem Network" (XinFin TestNet) masternode and by using wallet products. XinFin Mainnet to roll out by 1 June 2019.
By: XinFin Hybrid Blockchain
 
 
Bug Bounty and MainNet Launch
Bug Bounty and MainNet Launch
 
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SINGAPORE - May 8, 2019 - PRLog -- XinFin Network announces a new bug bounty program to set up and run TestNet called "Apothem" masternodes and to use web wallet on TestNet. The bounty program will enable participants to earn rewards by:

a. Setup and Run Masternode on Testnet called "Apothem" upto 31st May, 2019 : xinfin.org/setup-masternode.php

b. running and testing a masternode for any errors, bugs, and weaknesses on XinFin TestNet: xinfin.org/setup-masternode.php

c. using and testing web wallet and related features (like deploying smart contracts and interacting with them) for any bugs, errors, and vulnerabilities: xinfin.network/#webWallet

Read more about the bug bounty program here: xinfin.org/bounty.php .

The new bug bounty program will allow XinFin Dev Team to discover and resolve all the bugs, pertaining to exploits and vulnerabilities in TestNet Apothem; before XinFin rolls out its MainNet. The bounty program will help in the SEO optimization of XinFin products and will also create awareness about XinFin TestNet, which is currently running live at: xinfin.network/#stats.

Atul Khekade, XinFin Ecosystem Development Head said, "We chose to announce the bug bounty program seeing the interest and curiosity of community members who wanted to know more about XinFin masternodes. The community wanted to set-up, run, and test XinFin TestNet nodes themselves. So, we decided to launch a new bounty program to encourage active community involvement surrounding TestNet masternodes. We believe the community will help us boost XinFin TestNet and iron out all the network's inaccuracies before we switch to XinFin MainNet which we are planning to roll out on 1st June, 2019"

a) XinFin TestNet "Apothem" Masternode Bounty
Before discussing how to set up a XinFin masternode, let's know what is a XinFin Masternode and the prerequisites to perform the task:

XinFin Masternode
XinFin's token XDC supplants proof-of-work consensus algorithm with a randomized delegated proof-of-stake (rDPoS) consensus algorithm, fundamentally using the concept of "validators". Validators are special (full) nodes which get incentivized for validating each transaction which may be accepted or rejected by the validator. Setting up masternodes on XDC protocol makes the decentralized blockchain network more trusted, more stable, and more self-sustainable. Masternodes are benefitted in the form of reputation building, enhanced reliability, increased incentive gains, and capability to deploy their own dApp/use case on the network.

Things Needed To Set Up A Masternode
· A minimum of 10, 000,000 XDC stake by masternode holder

· Wallet (preferably hardware) to store XDC tokens

· Dedicated and stable hardware

· Dedicated static public IP address

· 100% IDC Network uptime

· A minimum of Tier 3 IDC Network

· Virtual Private Server (VPS)

· Cloud services

How To Set Up A XinFin-XDC Masternode?
Below mentioned are the steps to set up a XinFin-XDC Masternode on different Operating Systems:

b) XinFin Web Wallet Bounty
Before discussing how to create a XinFin Web Wallet, let's know what is a XinFin Web Wallet.

XinFin Web Wallet
With a free, client-side interface, XinFin Web Wallet helps users interact seamlessly with the XinFin blockchain. XinFin's easy-to-use and open-source platform enable users to generate wallets effortlessly using Mnemonic Phrase, Keystore File, or Private Key. Users can deploy and interact with smart contracts and can also do so much more with XinFin Web Wallet.

How to create a XinFin Web Wallet?
Users can create XinFin Web Wallet using Mnemonic Phrase and Keystore File.

Visit XinFin Web Wallet here: xinfin.network/#webWallet.

Contact
XinFin Hybrid Blockchain.
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Tags:Announcement
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Location:Singapore - Singapore - Singapore
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