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Just because things are funded doesn't mean they'll flourish.

> web3 means bug bounty programs are finally properly funded

Can you provide some reference? Doesn't seem very feasible to me.

If you can steal all the money, you generally get to keep it. Especially if you're in a jurisdiction that doesn't extradite to the west.

Those jurisdictions are few

how?

because the security engineers will be able to withdraw the funds out of any security hole and keep it for themselves as the bounty