Bug Bounty

     Bug Bounty is a term that is used across the entirety of the software industry, beyond cryptocurrency alone.

   A Bug Bounty is a reward program offered by a project’s team / company that asks the open public to find flaws within their systems, expose them, and report the finding to the project. Typically compensation is tiered according to the severity of a vulnerability that is found.

   Sometimes, Bug Bounties are offered by companies as a form of declaring that their software is airtight.

      Related Terms:


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