openPR Logo
Press release

XinFin Network Launches A New Bug Bounty Program For “Apothem Network” and announces mainnet launch date.

05-09-2019 06:57 PM CET | IT, New Media & Software

Press release from: XinFin Hybrid Blockchain

XinFin Network Launches A New Bug Bounty Program For “Apothem

XinFin Network announces a new bug bounty program to set up and run TestNet called “Apothem” masternodes and to use web wallet on TestNet. The bounty program will enable participants to earn rewards by:

a. Setup and Run Masternode on Testnet called “Apothem” upto 31st May, 2019 : xinfin.org/setup-masternode.php

b. running and testing a masternode for any errors, bugs, and weaknesses on XinFin TestNet: xinfin.org/setup-masternode.php

c. using and testing web wallet and related features (like deploying smart contracts and interacting with them) for any bugs, errors, and vulnerabilities: xinfin.network/#webWallet

Read more about the bug bounty program here: xinfin.org/bounty.php .

The new bug bounty program will allow XinFin Dev Team to discover and resolve all the bugs, pertaining to exploits and vulnerabilities in TestNet Apothem; before XinFin rolls out its MainNet. The bounty program will help in the SEO optimization of XinFin products and will also create awareness about XinFin TestNet, which is currently running live at: xinfin.network/#stats.

Atul Khekade, XinFin Ecosystem Development Head said, “We chose to announce the bug bounty program seeing the interest and curiosity of community members who wanted to know more about XinFin masternodes. The community wanted to set-up, run, and test XinFin TestNet nodes themselves. So, we decided to launch a new bounty program to encourage active community involvement surrounding TestNet masternodes. We believe the community will help us boost XinFin TestNet and iron out all the network’s inaccuracies before we switch to XinFin MainNet which we are planning to roll out on 1st June, 2019”

a) XinFin TestNet “Apothem” Masternode Bounty
Before discussing how to set up a XinFin masternode, let’s know what is a XinFin Masternode and the prerequisites to perform the task:

XinFin Masternode
XinFin’s token XDC supplants proof-of-work consensus algorithm with a randomized delegated proof-of-stake (rDPoS) consensus algorithm, fundamentally using the concept of “validators”. Validators are special (full) nodes which get incentivized for validating each transaction which may be accepted or rejected by the validator. Setting up masternodes on XDC protocol makes the decentralized blockchain network more trusted, more stable, and more self-sustainable. Masternodes are benefitted in the form of reputation building, enhanced reliability, increased incentive gains, and capability to deploy their own dApp/use case on the network.

Things Needed To Set Up A Masternode
· A minimum of 10, 000,000 XDC stake by masternode holder

· Wallet (preferably hardware) to store XDC tokens

· Dedicated and stable hardware

· Dedicated static public IP address

· 100% IDC Network uptime

· A minimum of Tier 3 IDC Network

· Virtual Private Server (VPS)

· Cloud services

How To Set Up A XinFin-XDC Masternode?
Below mentioned are the steps to set up a XinFin-XDC Masternode on different Operating Systems:

a) Ubuntu 16.04 64-bit or higher
Users are required to visit: github.com/XinFinOrg/XinFin-Node and click on ‘Clone or Download’ to download code. Or, they can clone the repository by using git clone: github.com/XinFinOrg/XinFin-Node.git command.
A ‘XinFin Node’ folder will be downloaded. Enter XinFin-Node directory by using cd XinFin-Node command.
Install docker & docker-compose using sudo ./install_docker.sh command.
Now, users are required to update .env file with details.
a. Firstly, they need to create .env file by using the sample .env.example file.

b. Users can either enter their company/product name under INSTANCE_NAME and email address in CONTACT_DETAILS fields, respectively.

c. Using cp env.example .env command users can copy updated details in the main folder with which their masternode name will be displayed.

d. nano .env will reconfirm users details by displaying them once again to users.

5. Users can start their masternode by running this command sudo docker-compose -f docker-services.yml up -d

6. Users should be able to see their nodes listed on: xinfin.network/#stats

7. Users can stop their node if they encounter any issues by using the command sudo docker-compose -f docker-services.yml down

Users need to use the below-given commands if they make any change to the code:
sudo docker-compose -f docker-services.yml down

sudo ./upgrade.sh

sudo docker-compose -f docker-services.yml up -d

b) Windows 64-bit
Users are required to visit: github.com/XinFinOrg/XinFin-Node and click on ‘Clone or Download’ to download code. Or, they can clone the repository by using git clone: github.com/XinFinOrg/XinFin-Node.git command.
A ‘XinFin-Node’ folder will be downloaded.
Enter win64 directory by using the cd XinFin-Node/win64/one-click-installer command.
Now, users can run their masternode by using setup.exe command. This will install the XDC binary in C:Program Files (x86)XinFin with all the options including start menu, desktop icons, and uninstaller.
Users can right-click on the XinFin-XDC Masternode icon on the desktop and click on “Run as administrator” to launch their masternode.
c) MAC (using Vagrant Environments)
Firstly, users need to download and install below-mentioned three software.
a. Oracle VirtualBox

b. Vagrant

c. GIT

*Users are advised to restart their systems post installation.

2. Now, launch “command prompt” and follow the below-given commands:

a. Clone the repository by using git clone: github.com/XinFinOrg/XinFin-Node.git command. (or, users can alternatively visit: github.com/XinFinOrg/XinFin-Node and click on ‘Clone or Download’ to download code.

b. Using the cd XinFin-Node command, users will get path access to the XinFin-Node.

c. vagrant up and vagrant ssh commands will up and run the masternodes for users on Vagrant software.

3. XinFin-Node is automatically copied to /home/vagrant/ by following steps in point 1. and point 2.

4. Users can shut down the vagrant instant by running vagrant suspend and delete it by running vagrant destroy.

b) XinFin Web Wallet Bounty
Before discussing how to create a XinFin Web Wallet, let’s know what is a XinFin Web Wallet.

XinFin Web Wallet
With a free, client-side interface, XinFin Web Wallet helps users interact seamlessly with the XinFin blockchain. XinFin’s easy-to-use and open-source platform enable users to generate wallets effortlessly using Mnemonic Phrase, Keystore File, or Private Key. Users can deploy and interact with smart contracts and can also do so much more with XinFin Web Wallet.

How to create a XinFin Web Wallet?
Users can create XinFin Web Wallet using Mnemonic Phrase and Keystore File.

Visit XinFin Web Wallet here: xinfin.network/#webWallet.
2. Click on ‘Create a New Wallet’ button.

3. The window will have two options. Get a new wallet either ‘By Mnemonic Phrase’ or ‘By Keystore File’.

a) Using Mnemonic Phrase
a. Type-in a strong password and click ‘Next’.

b. Write down the Mnemonic Phrase key.

c. Now click on ‘I wrote down my Mnemonic Phrase’.

d. Users are required to fill out empty places to verify their Mnemonic Phrase key and click ‘Verify’.

e.Users will get a pop-up saying that they have created their wallet successfully. Click ‘Unlock Wallet’.

f. Users can access their wallet by clicking on ‘Software’ button.

g. Click ‘Mnemonic Phrase’ on access by software window. Click ‘Continue’.

h. Now, type-in Mnemonic phrase and click ‘Continue’.

i. Type-in password, pick any address to interact with. Tick the ‘Accept Terms’ button and click ‘Access My Wallet’.

j. XinFin Web Wallet is created. Users can now add Test XDC to their Web Wallet or send tokens to other wallets. They can also deploy smart contracts and interact with them.

b) Using Keystore File
a. Type-in a strong password and click ‘Next’.

b. Click ‘Download Keystore File’.

c. A pop-up will appear asking users to save the Keystore File starting with ‘UTC’.

d. Click ‘Access My Wallet’.

e. Users can access their wallet by clicking on ‘Software’ button.

f. Click ‘Keystore File’ on access by software window. Click ‘Continue’. Upload the downloaded Keystore File.

g. Type-in password and click ‘Continue’.

h. XinFin Web Wallet is created. Users can now add Test XDC to their Web Wallet or send tokens to other wallets. They can also deploy smart contracts and interact with them.

c) Using Private Key
Users can also access XinFin Web Wallet using the private key.

a. After logging in using either of the two options, users are required to click the ‘Print’ button just below the XinFin wallet address.

b. A pop-up will appear mentioning wallet address and private key.

c. Either ‘Print’ or ‘Copy’ private key. In this case, copy the private key.

d. Log out of the current wallet.

e. Click ‘Software’ to access the wallet.

f. Click ‘Private Key’ and ‘Continue’.

g. Copy-paste the private key and click ‘Access Wallet’.

h. Users will be able to use their wallet now.

About XinFin
XinFin is an open source enterprise-ready Hybrid Blockchain for Global Trade and Finance. It combines the power of Public and Private Blockchains with interoperable smart contracts. XinFin is fully EVM compatible. For more information on XinFin, please visit: xinfin.org or learn more about XinFin in this video: youtube.com/watch?v=K-tHZkV6zAs.

Follow XinFin on:
Twitter: ( @ ) XinFin_Official

LinkedIn: linkedin.com/company/xinfin/

Telegram: t.me/xinfintalk

The bug bounty program will enable participants to earn rewards by running and testing an “Apothem Network” (XinFin TestNet) masternode and by using wallet products. XinFin Mainnet to roll out by 1 June 2019.

XinFin Hybrid Blockchain.
Unit 37, Level 3, Block 30, Singapore Institute of Technology (SIT@TP, Singapore.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release XinFin Network Launches A New Bug Bounty Program For “Apothem Network” and announces mainnet launch date. here

News-ID: 1731630 • Views: 454

More Releases from XinFin Hybrid Blockchain

XinFin and Black Tier Solutions Partners With Blockchain at Michigan.
Black Tier Solutions announced the partnership with Blockchain at Michigan. Black Tier Solutions will be responsible for assisting the University of Michigan Blockchain group to develop a tokenized student rewards program and a tokenized gaming platform using XinFin Hybrid technology. “The University of Michigan produces some of the most talented developers in the country and they have an unparalleled interest in blockchain. This initiative is a first of its kind here in
Venture Capital Network Announces Launch of New VCN Token on XinFin Network
Venture Capital Networks (VCN) is a Singapore based investment and capital management company also provides listing advisory, deals syndication and fundraising services for qualified projects. VCN has deployed a smart contract on XinFin network using MyContract.co platform with the token name VCN. VCN token is deployed on XinFin Network : According to VC Network, the new token is designed to help user access to their newly setup unique platform called VC
The All New Interface of XinFin Web Wallet is Officially Announced!!!
The new interface of XinFin Web Wallet running on XDPoS blockchain The website of the web wallet is completely redesigned inside and out! View the web wallet link at https://xinfin.network/#webWallet There is a great deal of discussion in the crypto community about the necessity of providing a great user experience if XinFin wants to see widespread adoption of XDPoS blockchain. At XinFin, we are focused on getting the best ideas out of
XinFin Releases XDC Wallet, Users Can Now Store their XDC and XDCE Tokens In One …
XDC wallet is now officially released on XinFin mainnet and users can now store their XDC and XDCE tokens in XDC wallet. XinFin and its products are making headlines every other day. After successfully launching XinFin mainnet on June 1, 2019, XinFin is now all set to officially unroll XDC wallet for its global community. Users can now use XinFin wallet to store and transfer XDC and XDCE tokens. XinFin mainnet is

All 5 Releases


More Releases for Wallet

Global Mobile Wallet Market, Global Mobile Wallet Industry, Market Revenue, Mark …
The digital wallet is the engine of mobile commerce and also agreements an evolutionary path to decrease the friction in the transaction and optimize consumer satisfaction. The users are interested towards gorgeous cash backs and loyalty coupons suggested by dissimilar mobile wallet corporates. The mobile wallet market in the report denotes to payment services functioned under financial regulation and functioned through a mobile device instead of paying with cheques, cash, or credit cards.
Global Mobile Wallet Market, Global Mobile Wallet Industry, Market Revenue, Covi …
The mobile wallet is a digitized version of physical wallet that operates on the application. It needs to be installed or is an obtainable built-in feature of a smart-phone. It stores the digital information about the credit & debit cards for making payments, store coupons and some specific information. It is a service through which the customers can send or receive money through digital modes. According to study, “Global Mobile Wallet
Global Men's Wallet Market Insights, Forecast 2025
A men's wallet is a small, flat case that can be used to carry such personal items as cash, credit cards, and identification documents (driver's license, identification card, club card, etc.), photographs, transit pass, gift cards, business cards and other paper or laminated cards.The global Men's Wallet market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a
Cryptocurrency Software Wallets Market is Thriving worldwide with Atomic Wallet, …
Software wallets are, unsurprisingly, based on computer software. Software wallets are available in three formats: desktop, mobile and online. There are many different types of software wallets available. Some can store multiple currencies, others are designed to store only one. Some require you to download the code to your device, others provide that most of the processing power required is carried out by network servers. Recent industry assessment report on the
BeeSmart wallet, the classic leather wallet incorporated with smart technology
Lancashire Leather have recently launched the BeeSmart wallet, which is a Full Grain Leather luxury wallet integrated with smart technology. Unlike the other smart wallets available in the market, the BeeSmart wallet brings the smart technology without compromising on luxury, quality and storage capacity. The wallet is made of full grain vegetable tanned leather for a luxury look while it provides the functionality of a high tech smart wallet. Losing
Digital Wallet Market Technological Advancements by 2025
Wallet in general refers to a purse or folding case for holding money and personal information safely. Digital or electronic wallet is referred to an internet or electronic based payment system that stores both financial value as well as personal identity related information in a mobile or computer. This helps an individual in making electronic transactions and purchasing items by a computer or a smartphone from a virtual store. Bank