Ethereum sets a great example when it comes to security. For all the auditing and internal reviews they do, they still put $2,000,000 up for grabs in a Sherlock audit contest. And their approach was completely vindicated. 4 Highs were found in the contest!! These weren't Highs in clients that control 1% of the network. In order to meet the criteria for High, it has to slash, bring down, or split >33% of the network. And 4 of these vulnerabilities were found in the contest. Credit to Ethereum for going the extra mile with a $2,000,000 audit contest. Contests are still the gold standard for security🏅

SHERLOCK
@sherlockdefi
A few months ago, the @ethereumfndn Protocol Security Team selected Sherlock to host the audit contest for the Fusaka Upgrade, an upgrade pivotal for the future of the entire Web3 ecosystem.
Fusaka was the first major protocol upgrade after Ethereum's Trillion Dollar Security
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