Jump Crypto, in collaboration with security platform Immunefi, launched a bug bounty program offering developers who uncover vulnerabilities in Solana's new high-performance validator client, Firedancer, up to $1 million in rewards. This program aims to ensure the robustness and security of the new validator client.

Firedancer, developed by Jump Crypto and written in C++, has been in development since 2022. Its primary goals are to enhance the Solana network's throughput, resilience, and efficiency. The bug bounty program, which runs from July 10 to August 21, offers rewards of up to $1 million and is structured as a 42-day competitive audit.

The Immunefi team has committed to responding to all bug reports within 24 hours on weekdays during the audit. Technical questions can be directed to the team via Immunefi’s Discord channel. At the conclusion of the audit, Immunefi will release an event-specific leaderboard and detailed bug reports.

Pseudonymous developer "CantelopePeel" shared insights into the ongoing development and testing of the first versions of Solana's consensus and fork choice algorithms, collectively referred to as "Frankendancer." According to CantelopePeel, millions of slots of execution have been tested to ensure compatibility with the Solana protocol.

Firedancer is highly anticipated within the Solana community due to its potential to optimize the blockchain. It is designed to handle a larger number of concurrent transactions and includes support for sharding, which can significantly improve the network's performance.