Explore Namada’s robust security framework, combining community reviews, extensive audits by top organizations, and an incentivized bug reporting program. Learn about the Namada Mainnet Security Program, rewarding up to CHF 100,000 for critical vulnerability discoveries. Stay informed about user security practices and Namada’s commitment to blockchain security excellence.
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Introduction to Namada Security
Namada’s security framework is designed to safeguard its open-source protocol, relying on both community reviews and rigorous third-party audits. Despite its innovative nature, potential bugs or performance issues may arise. Therefore, Namada’s Security Program aims to systematically identify and address these vulnerabilities efficiently.
Security Audits
The Namada protocol undergoes extensive audits by leading organizations such as Antithesis, Inference, Informal Systems, Least Authority, and Oak Security. These audits cover various aspects, from MASP to Namada IBC implementation.
Mainnet Security Program
The Namada Mainnet Security Program, managed by the Anoma Foundation, incentivizes discovering and reporting critical security bugs. Rewards range from minor recognition to significant monetary compensation (up to CHF 100,000) based on the severity of the vulnerabilities. The program underscores the foundation’s commitment to collaboration with whitehat security researchers.
Earning Rewards
The Anoma Foundation will pay up to CHF 100,000 for security vulnerabilities payment via a mutually acceptable method. Payment is subject to applicable law and regulations. Vulnerabilities are scored according to the following criteria:
Level | Example | Reward |
Minor | Unclear code, confusing CLI, interaction patterns in which users can easily make mistakes | No reward, but submissions are still appreciated |
Medium | Causing clearly unintended state machine behaviour, such as a mismatch between the proof-of-stake reward algorithm in the specs and in the actual implementation | Up to CHF 5,000 |
Serious | Halting the ledger, continuously DoS-ing a node with a standard/reasonable configuration | Up to CHF 50,000 |
Critical | Stealing funds, withdrawing funds without user authorization, double-spending, breaking critical security properties (e.g taking over the chin as one validator | Up to CHF 100,000 |
User Security Practices
User security also depends on smart defensive design, community cooperation, and cautious behavior. The Anoma Foundation advises against sharing seed phrases or key materials and encourages users to verify applications or projects within community channels.
Conclusion
Namada’s multifaceted approach to security ensures a resilient and secure ecosystem. By combining extensive audits, incentivized bug reporting, and vigilant user practices, Namada sets a high standard for blockchain security.
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