Update on Safety Measures for Red Eyes Release and the Bug Bounty

Raiden Network
Oct 5, 2018 · 2 min read

Since the Raiden Network Red Eyes release on the Ethereum mainnet is coming closer, we would like to inform you about several safety features, which will be implemented into the Red Eyes release.

The Red Eyes release is an alpha deployment of the Raiden Network focused on testing on the Ethereum mainnet. Hence, we aim to undertake strong risk mitigation measures to limit the potential damage caused by bugs or misuse of the software and to ensure a responsible testing environment. Naturally, in addition to that we followed various internal safety procedures (four-eyes PR merge principle, detailed internal audit of the smart contracts, intensive testing on the testnet).

Please be aware that the Red Eyes release is not security audited by an external party yet, which is why deposit and transfer limitations have been put into place.

In detail this means:

Besides the above mentioned safety measures, we will, as announced in our last blog post, host a bug bounty for the Raiden code, once deployed on the mainnet.

You will be able to find more information about the bounty rewards, rules and submission guidelines at bounty.raiden.network as soon as the Red Eyes release goes live.

To chat with us about development specific questions please visit our gitter channel.

You’ll hear again from us soon with further updates!

The Raiden Team


Make sure to stay up to date by following us on Twitter and Medium and joining the conversations on Reddit and Gitter!

The Raiden project is led by brainbot labs Est.

Raiden Network Blog

Fast, cheap, scalable token transfers for Ethereum. The Raiden project is led by brainbot labs Est.

Raiden Network

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Fast, cheap, scalable token transfers for Ethereum

Raiden Network Blog

Fast, cheap, scalable token transfers for Ethereum. The Raiden project is led by brainbot labs Est.