What is Buglab?
Buglab is a Cybersecurity Penetration Testing on the Ethereum Blockchain Buglab uses the power of Ethereum to enable attainable, versatile, and reliable penetration testing for digital enterprise solutions. It is an Ethereum-based platform that connects companies with a global network of expert cybersecurity researchers. At the center of our ecosystem, there are two programs - the buglab contest and Vigilante Protocol, helping companies all over the world to discover and fix vulnerabilities on their digital solutions or assets.
A blockchain is a thread of digital records across which different types of data are stored. Together, these distributed (or decentralized) records make up a database similar to the pages of a large ledger book. These virtual ledgers are hosted across many servers, which helps verify and authenticate any given transaction. It is an intense numerical process, across many machines hosted by countless participants, or miners.
Advantages of Using the Blockchain to Reshape Pentesting. Yet even on the blockchain, by design a less vulnerable environment than centralized systems, the appeal of monetary gain in the blockchain environment is enticing attackers. The equivalent of nearly $8 million was stolen from CoinDash in July 2017, all within minutes of the ICO launch, as reported by CoinDesk, an industry publication. CoinDash, which offered an exchange platform for decentralized trading, saw the digital assets syphoned as a hacker simply took over CoinDash’s official website and replaced the corporate Ethereum address with his own Ether wallet address. Participants who believed they were sending Ether to CoinDash, were in fact sending them directly to the hacker.
Project Team:
Token Details:
A token is a digital asset that can be transferred between two parties over the Internet, without requiring approval from a third party. During the TDE, tokens are sold to users who see value in the platform and anticipate they will use the tokens to access the platform when it is ready and generally available for public use. The token on the Ethereum blockchain is a digital asset that is held inside a token contract, in trust for a wallet address. The buglab token, identified as BGL, is based on the ERC20 standard for blockchain tokens. BGL tokens are required for all transactions in the buglab ecosystem, from ordering a contest to rewarding pentesters and whitehats.
Token BGL
PreICO Price 1 BGL = 0.15 USD
Price 1 BGL = 0.15 USD
Platform Ethereum
Accepting ETH
Minimum investment 6.67 ETH
Soft cap 6,000,000 USD
Hard cap 20,000,000 USD
Country Gibraltar
Whitelist/KYC KYC & Whitelist
Restricted areas USA, China
Verdict:
Buglab leverages the power of the Ethereum blockchain to enable attainable, versatile, and reliable penetration testing for digital enterprise solutions. The platform links organizations that have information security needs with a community of certified cybersecurity penetration testers in an incentivized environment. At the center of buglab's ecosystem, there are two programs - the Buglab Contest and Vigilante Protocol, helping companies all over the world to discover and fix vulnerabilities.
Important links:-
Website: https://buglab.io
Whitepaper: https://buglab.io/assets/docs/Buglab_WhitePaper.pdf
Telegram Group: https://t.me/buglab
Twitter: https://twitter.com/joinbuglab
Facebook: https://www.facebook.com/buglab.co
ANN: https://bitcointalk.org/index.php?topic=2851719.20
Bounty: https://buglab.io/bounty
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664!
