Fuel, the specialized operating system designed for Ethereum rollups, has announced a strategic partnership with Immunefi, the leading crowdsourced security platform for web3 that protects over $60 billion in assets. This partnership will launch the biggest Attackathon to date, offering a total rewards pool of $1.3 million. The prize includes $1 million for the Attackathon itself and a dedicated $300,000 program for the top four decentralized applications (dApps) in the ecosystem.
The Attackathon is a carefully curated crowdsourced security audit led by elite security researchers, along with a comprehensive community education program. Its main goal is to stress test the Fuel code base and its top four ecosystem projects, identifying and resolving any potential vulnerabilities. This event will also help to foster a community of engaged security researchers who are knowledgeable about Fuel’s technology and the wider ecosystem. The Attackathon will take place before Fuel’s mainnet release in Q3 2024. Additionally, the program features a time-bound code review program by Immunefi, ensuring the highest level of engagement from top-tier security researchers. Unlike traditional audits, critical reports will be provided in real-time, allowing for immediate assessment and resolution of any vulnerabilities. Participants will also have access to “Fuel Education Weeks,” which include educational blog posts, live streams, interviews, and Q&A sessions with notable security researchers.
Unlike existing virtual machines designed for layer-1 blockchains or general-purpose computation systems, Fuel offers the first purpose-built virtual machine that unlocks new capabilities for Ethereum rollups. Powered by the FuelVM, Fuel aims to expand Ethereum’s capabilities without compromising security or decentralization. By executing transactions in parallel, Fuel can scale to meet the increasing demand for transaction bandwidth while ensuring a high-quality user experience. Fuel allows any chain builder to deploy highly scalable rollups and app chains to solve any type of use case by addressing parallelization, state minimized execution, and interoperability (PSI).
Nick Dodson, CEO and Co-Founder of Fuel Labs, emphasized the importance of security and the partnership with Immunefi in ensuring the best security standards for Fuel’s ecosystem. Immunefi is the largest web3 security community, consisting of over 45,000 researchers, and it protects over $60 billion in user funds for established projects. With Immunefi’s expertise, 80% of projects find vulnerabilities that were missed by traditional audits. Mitchell Amador, Founder and CEO of Immunefi, expressed excitement about partnering with Fuel and supporting the development of a security-focused community around its technology and ecosystem. Sajjad Rehman, VP of Revenue at Immunefi, also expressed confidence in Fuel’s technology and their commitment to a safer and more resilient future for decentralized economies.
The Attackathon will not only stress test Fuel’s technology but also provide educational resources to engage the broader security researcher community. Immunefi will host Fuel Education Weeks, offering live streams, Q&A sessions, and curated educational resources to introduce security researchers to Fuel’s technology. A dedicated Discord channel will also be available for personalized support and direct communication with Fuel and Immunefi teams.
Fuel’s operating system is purpose-built for Ethereum rollups, aiming to bring new capabilities to the Ethereum ecosystem while maintaining decentralization. With its unique architecture and tools like the FuelVM and the Rust-based blockchain programming language Sway, Fuel enables developers to create unprecedented experiences in the Ethereum ecosystem.
In conclusion, Fuel’s strategic partnership with Immunefi and the launch of the Attackathon signify a commitment to security and community engagement in the development of Fuel’s technology and ecosystem. The Attackathon will provide an opportunity to stress test the code base and identify vulnerabilities, while the educational resources offered by Immunefi will help build a security-focused community. Fuel’s purpose-built operating system for Ethereum rollups brings new capabilities to the ecosystem without compromising security or decentralization.