BACON is a cutting-edge Bitcoin-based token system designed to incentivize engagement and contributions within the OWASP BLT ecosystem. By integrating with Bitcoin Core and utilizing the Runes protocol, BACON introduces a transparent, secure, and gamified environment that rewards developers and contributors for their efforts, ultimately enhancing the quality and security of open-source software.
- Minting and Rewarding: BACON tokens are minted as rewards when users report issues via the BLT bug logging tool. These tokens, created using the Runes protocol on Bitcoin, are fungible and can be traded or utilized within the BLT ecosystem.
- Proof of Authority (POA) Consensus: The system uses a POA mechanism to ensure transparent and fair distribution of rewards, encouraging rapid and effective problem-solving.
- Developer Rewards: Developers who resolve issues earn BACON tokens, creating a gamified environment that boosts productivity and engagement.
- Blockchain Integration: The trademark monitoring feature continuously scans newly registered trademarks via the USPTO database, compares them against a company’s registered terms or domain names, and triggers alerts when potential conflicts are detected.
- Tamper-Proof Audit Trail: All monitoring activities are logged securely and immutably on the blockchain, helping companies protect their intellectual property.
- Blockchain-Backed Transparency: A scoreboard that ranks companies based on their responsiveness to reported issues. This data is secured on the blockchain, ensuring accurate, tamper-resistant rankings.
- Public Recognition: Companies with the best scores are publicly recognized, motivating them to maintain high standards in their open-source contributions.
- Fungible Tokens on Bitcoin: BACON tokens, issued directly on Bitcoin using the Runes protocol, are fungible and easily transferable within the BLT ecosystem, including via the BLT iOS app.
- Seamless User Experience: The Runes protocol integration ensures BACON tokens can be used across different applications within BLT, whether earning, trading, or spending them.
- Leveraging Bitcoin Core Enhancements: BACON integrates with the latest Bitcoin Core developments, including Schnorr signatures, Taproot, and Lightning Network, to ensure transactions are secure, private, cost-effective, and scalable.
- Aligning with OWASP's Mission: These enhancements support OWASP's commitment to secure software and reliable transaction processes within the BLT ecosystem.
- iOS App Functionality: The BLT iOS app fully integrates with BACON and the Runes protocol, allowing users to manage tokens, track contributions, and monitor their standings on the company scoreboard.
- Engagement on the Go: The app also supports notifications for trademark alerts, issue bounties, and other platform activities, keeping users informed and engaged wherever they are.
- All financial activities involving BACON, including token minting, trading, and rewards, directly support OWASP’s mission of improving software security. This includes transparent use of funds for security initiatives, educational programs, and community support.
- Utilizing Bitcoin’s blockchain ensures that all BACON-related transactions are recorded in a public ledger, facilitating transparent audits and ensuring compliance with OWASP’s objectives. The community has full visibility into how funds are managed and used.
- BACON maintains OWASP’s values by avoiding conflicts of interest and ensuring that sponsorships or donations do not improperly influence the project's direction. The platform diversifies its funding sources to maintain neutrality and independence, ensuring that all contributions support open-source security initiatives.
- Contribute: Want to be a part of this innovative project? Check out our Contribution Guidelines to see how you can help.
- Learn More: Visit the OWASP BLT Wiki for detailed documentation and resources.
- Join the Discussion: Share your feedback and suggestions by opening an issue or joining our community discussions.