Ethereum Foundation Addresses Audit Findings for Pectra System Contract, Launches $2M Bug Bounty Competition

On February 28th, COINOTAG News reported significant developments from the Ethereum Foundation, which has published the audit findings of the Pectra system contract. Official announcements confirm that all identified vulnerabilities during the audit phase have been effectively resolved. The Pectra contract encompasses several Ethereum Improvement Proposals (EIPs), namely EIP-2935, EIP-7002, and EIP-7251. The rigorous audit aimed to identify potential attack vectors and to verify that the contract logic aligns with the respective EIP standards.

Moreover, the Ethereum Foundation has launched a bug bounty competition hosted by Cantina, offering substantial rewards totaling up to $2 million for reporting any vulnerabilities related to the Pectra system. This initiative underscores the Foundation’s commitment to bolstering security protocols and ensuring the robustness of blockchain applications.