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Polygon zkEVM is now fully open source with a bug reward of up to $1 million

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On March 28th, Polygon Labs announced that its Polygon zkEVM has been fully open source under the AGPL v3 license. The trial version of the main network of Polygon zkEVM has also b

Polygon zkEVM is now fully open source with a bug reward of up to $1 million

On March 28th, Polygon Labs announced that its Polygon zkEVM has been fully open source under the AGPL v3 license. The trial version of the main network of Polygon zkEVM has also been launched synchronously. Currently, up to $1 million in vulnerability rewards have been set up to record critical vulnerabilities.

Polygon zkEVM is now fully open source with a bug reward of up to $1 million

I. Introduction
– Explanation of Polygon Labs’ announcement
– Brief overview of Polygon zkEVM
II. Open Sourcing of Polygon zkEVM
– Details of the AGPL v3 license
– Benefits of open-source software
– Advantages for users and developers
III. Launch of the Trial Version
– Features of the trial version
– User feedback and potential improvements
IV. Vulnerability Rewards
– Explanation of vulnerability rewards
– Importance of bug testing and rewards
– Increased security and trust for users
V. Conclusion
– Recap of key points
– Implications for the blockchain community
– Future advancements and potential impact
VI. FAQs
# On March 28th, Polygon Labs Announces Full Open Source of Polygon zkEVM: Benefits for Users and Developers
Polygon Labs made a major announcement on March 28th, 2022, that had many in the blockchain community buzzing with excitement: its Polygon zkEVM has been fully open-sourced under the AGPL v3 license. Furthermore, Polygon Labs also launched the trial version of the main network of Polygon zkEVM along with this announcement. With this latest development, Polygon Labs is offering up to $1 million in vulnerability rewards, highlighting the importance of bug testing and the increased security and trust for users.

Open-Sourcing of Polygon zkEVM

The AGPL v3 license is a widely recognized open-source license that ensures anyone using Polygon zkEVM must release their source code for any subsequent modifications they create. Kamlesh Nagla, Polygon Labs CEO, believes that this decision will inspire more decentralized application (dApp) developers to adopt Polygon zkEVM in their projects. Open-source software licenses have been used by many blockchain developers to build trust with users and the community.
This announcement also provides a host of benefits for users and developers. Firstly, this move to open-source licensing means that blockchain developers can access the source code without paying expensive licensing fees, thereby lowering the cost of adoption. Secondly, open-sourcing can lead to significant innovation, as developers can now modify the code and work together to develop new features and functions that better meet the needs of users.

Launch of the Trial Version

Polygon Labs has also launched the trial version of the main network of Polygon zkEVM. The trial version comes with new features that make it more user-friendly and more accessible to the public. One such feature is the ability to run contracts in a more efficient manner, which is especially important for high-performance blockchains. This means that transactions will have faster processing times, lower fees, and better energy efficiency.
User feedback is vital to these new developments, and Polygon Labs is keen to hear from its community about any potential improvements they may need. Depending on the feedback they receive, the team will make the necessary improvements to give users a better experience.

Vulnerability Rewards

Up to $1 million in vulnerability rewards have been set up to reward participants who discover critical bugs in Polygon zkEVM. This has been a common practice in the crypto space as bug testing is an essential component of ensuring the security and reliability of a blockchain platform. The reward not only incentivizes people to test the network thoroughly but also promotes security and trust for users.
The vulnerability rewards program is a step towards a more robust and secure blockchain network. As critical vulnerabilities are found and fixed, the level of confidence that developers and users have in Polygon zkEVM can undoubtedly increase.

Conclusion

The announcement from Polygon Labs has exciting implications for the blockchain community. Open-sourcing increases accessibility and adoption of the Polygon zkEVM platform, while the launch of the trial version highlights its potential to perform better than other high-performance blockchains. The vulnerability rewards program is a vital component of ensuring the security and reliability of the blockchain network.
The Polygon team’s dedication to listening to their community’s feedback and improving the platform with each step is encouraging. This move proves that Polygon Labs is devoted to innovation and committed to providing a better experience for users.

FAQs

1. What is a vulnerability rewards program?
A vulnerability rewards program is a system that incentivizes individuals to report security vulnerabilities on a platform or network in exchange for monetary rewards.
2. How do developers benefit from open-sourcing?
Open-sourcing allows developers to access the source code without paying licensing fees, which can lower the cost of adoption for new users.
3. Why is security and trust important for blockchain networks?
Security and trust are essential for building a robust blockchain network. By ensuring the security of blockchain platforms, they can increase the confidence that developers and users have in them.

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