Summary

LayerTwoLabs is paying $100K in an ongoing hackathon!

$20k per contest. One contest every two weeks. Five contests total.

Objective

Your goal is to find bugs – especially severe ones.

You compete against other people – only the top 3 bug-finders win, per period.

Some bug-types are worth more than others:

Tier Description
1 Network fork, loss of funds, inflation, or theft.
2 Network crashes, mining halts, or txns fail to confirm.
3 Performance degrades (significantly), software slows.
4 Anything else – strange graphical effects, mysterious behavior.

…and some repos are more mission-critical than others:

Tier Description
1 Forknet
2 Bip300_301 enforcer
3 Thunder, zSide, BitWindow
4 CoinShift, BitNames, BitAssets
5 Photon, Truthcoin-DC

For more info on the software stack, click here.

How to Score

There is a hierarchy of REPO-TYPE-QUANTITY.

For example, if you find one single Tier 1 bug, in ForkNet, then you will automatically get 1st place. Unless another team has also found that same bug (or another Tier 1 bug) – in which case, you will tie, and the tie will be broken by any other bugs you have found.

Similarly, if no one finds any Tier 1 bugs, in any Tier 2 software – but you find a Tier 2 bug in Tier 2 software, then you will win 1st place. Even if a rival team finds 300 Tier 3 bugs in Tier 2 software.

Also:

  • You will lose points for low-quality submissions. If you submit a “bug” – but upon closer inspection, it is not a bug, then you will be awarded negative points for that bug. So please only include a bug on your list, if you are certain that it is a true bug.
  • We reserve the right to unilaterally decide who wins – to disqualify people – and to determine which bugs are “real” vs not.

Prize Money

Money to be awarded as follows:

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Let me clarify:

  • Colors correspond to contest periods. The contest repeats every two weeks.
  • The columns correspond to how many entrants there are.
    • If only one person enters the contest (and qualifies), then they will earn $20,000.
    • If three people enter the contest (and they all qualify), then 1st place gets $9,000, and 2nd and 3rd places each get $4,500.

To Qualify (as a potential winner), you must:

  • Present us with a list of bugs.
  • Include a (short) ReadMe where you explain…
    • …what the bugs are,
    • …and why they are bugs.

More Details

  • The submission window ends at 9 AM UTC Time, Wednesday (5 AM Wednesday). For example, the first oen ends June 10th.
  • You must pay a one-time fee of $20 in telegram stars, to enter – (this deters spam entries, sorry). You only need to pay it once, the whole summer.
  • Message Paul with your submission, by then! @psztorc on Telegram
  • The winner will be announced by Thursday at 5 PM (NYC time). The bug lists will then be made public.
  • You may collect your reward in either BTC, or USD.

Even More Details

  • If you find a bug in one of the rust-based L2s, then it will probably be in all of the rust-based L2s. So please do not list these out as “multiple” bugs. That is unnecessary.
  • Our two previous contests (“zCash sidechain” and “Summer 2025 Performance”) were a big success, so I’m optimistic about this one as well!!

Contact

  • @psztorc on Telegram
  • @truthcoin on Twitter/X
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