EF explained that the competition is structured as a four-week event hosted on the Sherlock testnet, running from Sept. 15 to Oct. 13. To encourage early participation, findings reported in the first week will receive double points, while those in the second week will gain a 1.5x multiplier.
The foundation emphasized that this time-sensitive approach ensures maximum scrutiny at critical stages of the upgrade’s development.
According to the foundation, their participation shows the broader ecosystem’s stake in Ethereum’s upgrade process, where every layer of security benefits developers, validators, and end users alike.
However, not all observers are convinced the timing is ideal for the audit.
Central to the update are features such as Peer Data Availability Sampling (PeerDAS) to streamline data distribution, revised gas limits to optimize performance, and refined blob parameters designed to handle higher transaction volumes.
They explained that while a mainnet activation date remains undecided, the upgrade’s timeline depends on the progress of testnet deployments.
Following this, they emphasized that mainnet activation will only move forward once all testnets upgrade successfully and analysis from Devnet-5 confirms the network is operating as expected
