ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Tuesday Dec 12th 2017
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

Status’ CommitETH Incentivizes Contributions To Open-Source Projects

By

Los

Silva

WriterETHNews.com

The Ethereum bug bounty bot enables community-driven development by offering Ether to solution-contributors.

The development team behind Status, a decentralized mobile-messaging browser for Ethereum, has developed a tool designed to foster open-source software development. The company announced the first alpha release of CommitETH in a press release and blog post that defines the tool as “a Github bounty bot that enables token holders to incentivize pull request submissions by attaching ETH or any ERC20-compatible token to open issues in Github.”

As ETHNews previously reported:

“A bug bounty program is a deal offered by many websites and software developers by which individuals can receive recognition and compensation for reporting bugs, especially those pertaining to exploits and vulnerabilities. These programs allow the developers to discover and resolve bugs before the general public is aware of them, preventing incidents of widespread abuse.”

Because most blockchain technology is decentralized and the majority of platforms are still in the early stages of development, bugs are prevalent across many decentralized applications (Dapps) – they have come to be expected and are part of the development process.  

Status intends to solve the issue of bugs through the introduction of CommitETH, hoping that the tool will play a vital role in the evolution of a decentralized business models’ governance and decision-making processes.

Bug Hunting

CommitETH is a bot that scans for issues within any open source project containing the label ‘bounty.’  Any user or project maintainer can assign a bounty to any open source project, regardless of the type of blockchain used. Once this is done, a multi-signature wallet is deployed to the respective network assigning CommitETH and the project maintainer as signatories.     

CommitETH bounty

Example of an automated comment. Do not send ETH to this address.

Along with the wallet address and balance of Ether (ETH) attached to the bounty, a QR code is generated and posted as a comment to the issue. When a developer solves the issue and completes the bounty, the comment is updated with a new image signaling the balance change and that the bounty is complete. This is done without any additional fees (except gas) charged to users.

Building A Strong Ecosystem

Currently, CommitETH only supports Ether (ETH), but will soon be implementing changes to support ERC20-compatible tokens so that anyone can freely add tokens of their choice to issues for any project. The first release is running on the Ropsten Testnet where users can experiment and provide feedback.   

Status will also utilize the tool to solve their own bugs and is adamant about fostering community-driven development models that contribute to the evolution of Ethereum-based platforms and Dapps.

Status Co-founder, Jarrad Hope, said:

"For us CommitETH is a path not only towards community driven development of Status itself, but also a way we can help foster the movement for open source in general - both of these things are really exciting for us. It's also important to us that CommitETH becomes fully decentralized, and we'll be working towards this in the coming months.”

Los Silva

Los Silva is a writer and filmmaker who has collaborated with tech and design companies. His interest in Ethereum stems from emerging creative applications that allow artists control of their work through blockchain technology.

ETHNews is commited to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest CommitETH, bug bounty or other Ethereum ecosystem news.