During the slightly chaotic transition from its status as a token to its mainnet launch, the foundation behind EOS paid one particular person $120,000 for all the bugs he found in the code.
The hacker, who goes by the name Guido Vranken, made this amount of money in only one week after looking through Block.one’s code and finding a total of 11 bugs, nine of which are listed in the campaign’s activity log.
After a user on Reddit jokingly said that Block.one needs to make him an offer for a position in their company, Vranken replied with, “They did.”
Another user jokingly said, “He needs to keep doing the bounty. It pays better.”
Of course, the fact that he found these bugs and they were worth paying $120,000 to fix reveals that there were some holes in the EOS project that may have delayed its launch.
The setback in the EOS project led to criticism even from talk show host John Oliver, who said that this is proof of the “speculative mania” behind cryptocurrencies.
“It can be incredibly hard to tell which companies are for real. If you want a good example of this, look at Block.one, which has raised $1.5 billion… At the beginning of this piece, I said that I didn’t want to make predictions. And who knows, maybe EOS is going to be the next Google. I don’t think it is, and I certainly don’t think it can be worth over a billion dollars at this point, but I could be wrong. I’m absolutely not, but I could be!” he said during his show.
The wait may finally be over, however, as anticipation begins building up for the mainnet launch as EOS is just shy of making the announcement.