About BugChan

BugChan is a decentralized bug bounty platform with on-chain escrow and client-side encryption to secure reports.

Security shield

Why BugChan

Guaranteed Payouts

On-chain escrow ensures all rewards are automatically released.

Aligned Incentives

Stakes are slashed to the bounty owner for rejected reports.

Confidential & Secure

Reports are encrypted in the browser and stored on IPFS.

Transparent

Every action is on-chain and fully auditable.

Technology & Integrations

  • Hardhat 3: Smart contract development and testing.
  • Pyth Network: Real-time ETH/USD price feeds via Hermes SDK.
  • BlockScout: Autoscout instance for inspecting and verifying transactions.
  • Lighthouse: Client-side encryption and decentralized report storage.

Security Model

  • Smart contracts manage escrow and payouts.
  • Encrypted reports stored on IPFS; only referenced on-chain.
  • Client-side encryption ensures only owners can decrypt.
  • Stake mechanism deters spam submissions.

Requirements

How It Works

For Project Owners

  • Lock rewards in on-chain escrow.
  • Confidentially review encrypted submissions.
  • Accept valid or reject invalid reports; receive slashed stakes.
  • Close bounty for automatic reward distribution.

For Researchers

  • Browse bounties with guaranteed pools.
  • Submit encrypted findings via IPFS.
  • Stake ETH per submission; one per wallet.
  • Receive reward if accepted; stake refunded if bounty expires.

Rewards & Incentives

  • Guaranteed escrow for all bounty rewards.
  • Equal reward split among accepted submissions.
  • Stake-to-submit mechanism prevents spam.
  • Slashed stakes go to bounty owner if rejected.
  • Stake refunded if bounty expires before review.
  • One submission per wallet per bounty.
BugChan logo

Decentralized bug bounty platform securing web3, one vulnerability at a time.

Built for ETHOnline 2025