Sui launches new VM for testing, opens bug bounty at mainnet rates
Summary
Sui has launched its new virtual machine (VM) for community testing, emphasizing improved performance with a complete rewrite through the bella-ciao branch, which features faster execution and per-package caching. The company has opened a bug bounty program, offering payments at Mainnet rates to encourage community engagement and thorough testing before the VM moves to Testnet. This release follows internal reviews and audits conducted by OtterSec and Zellic, ensuring the system's reliability prior to public use.
Analysis
Sui: Sui is a high-performance layer-1 blockchain platform leveraging the Move programming language and parallel execution model for scalable applications. Its new VM in the bella-ciao branch has gone public for testing, featuring a full execution layer rewrite with faster per-package caching and next-gen Move capabilities. This update has undergone internal reviews and independent audits prior to mainnet preparation. osec_io: OtterSec is a blockchain security firm providing holistic audits for smart contracts and protocols through collaborative vulnerability assessments. They conducted one of the independent audits for Sui’s new VM execution layer. OtterSec works closely with blockchain teams to protect innovative ideas from security risks. zellic_io: Zellic is a premier blockchain security auditor specializing in Move VMs, cryptography, and comprehensive vulnerability research. They performed an independent audit on Sui’s new VM as part of pre-testnet validations. Zellic also runs validators for partner chains and offers community-focused security credits. HackenProof: HackenProof is a leading web3 bug bounty platform connecting crypto projects with global hackers for crowdsourced vulnerability testing. Sui Developers selected HackenProof to host the bug bounty for their new VM testnet release. It facilitates reward-based security scrutiny for blockchain deployments. Sui Developers: Sui Developers is the official technical hub for builders on the Sui Network, offering primitives, patterns, tooling, and resources to ship applications. They announced the public launch of Sui’s new VM and opened a community bug bounty program on HackenProof paid at mainnet rates. Their Sui Stack enables fast, secure development of interoperable software. `json { "VM Rewrite": "The bella-ciao branch introduces a full execution layer rewrite emphasizing performance improvements with per-package caching and next-gen Move features.", "Audit Completion": "Internal review and independent audits from OtterSec and Zellic have been completed, facilitating community testing before testnet.", "Community Bug Bounty": "The open program offers mainnet rates to motivate detailed scrutiny of the new VM before full deployment." } `
Categories
cryptodefitech
Related sources
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