Can you elaborate more on your IT security background? I have a similar background, and others on the blockchain do too, so it would be good if we can get a sense of your experience in this area.
How do you think this proposal compares with something like putting together a budget for bug bounties to incentivize security researchers to find issues?
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Been doing IT since high school when I started a company at around 15. I have been running an information security company for over 15 years.
Bug bounties are typically a lot more than what I'm asking for and generally have a much larger user base to work with. They don't have to be mutually exclusive.