Blast, an upcoming optimistic Ethereum roll-up, is set to collaborate with Spearbit, a leading firm in Web3 security research, to offer a security review competition with a bounty pool of $1.2 million. The competition will use Cantina, Spearbit’s open marketplace for security auditors, to facilitate and manage the challenge.

This will be one of the largest reward bounties to be offered in a security review competition designed to attract solo security auditors. The previous largest bounty pool saw $1.1 million distributed to participants, where one competitor won over $500,000 in rewards. 

Harikrishnan Mulackal, co-founder of Spearbit Labs and former Compiler Engineer at the Ethereum…

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