03 — Auditing · Assurance guide

Audit contests

Crowdsourced review

In one paragraph

Audit contests: Crowdsourced review. Layer: Whole scope. Characteristic finds: The long tail after targeted review; findings quick to demonstrate. Blind to: Deep cryptographic soundness work, which is under-rewarded relative to its cost. Coverage claim: None; no accountable party. Cost profile: Fixed pool, pay-for-results. Choose it when: A complement after at least one targeted review and after internal tooling is clean. Weak substitute for a cryptography review of a novel proof system.

Layer
Whole scope
Characteristic finds
The long tail after targeted review; findings quick to demonstrate
Blind to
Deep cryptographic soundness work, which is under-rewarded relative to its cost
Coverage claim
None; no accountable party
Cost profile
Fixed pool, pay-for-results
Assurance matrix · see the row in context

What it is

A fixed prize pool distributed among independent researchers reviewing a pinned scope over a bounded window, weighted by severity and duplicate-adjusted. Public zkVM and circuit scopes have run in this format, with pool rules varying on whether low-severity findings are paid at all.

Strengths and tradeoffs

Strengths
  • Wide reviewer diversity, uncorrelated with any single firm's blind spots
  • Pay-for-results rather than pay-for-time
  • Effective at the long tail once targeted review has covered the core
  • Public scope and public results improve transparency for integrators
Tradeoffs
  • Depth is uneven: incentives favour findings quick to demonstrate, under-rewarding deep soundness work
  • The pool who can read constraint systems is far smaller than the general Solidity pool, so real coverage can be thin despite many participants
  • Duplicate mechanics and severity floors distort effort allocation
  • Substantial triage load on the sponsoring team
  • No accountable party, no methodology statement, no coverage claim

Choose it whenA complement after at least one targeted review and after internal tooling is clean. Weak substitute for a cryptography review of a novel proof system.

Sources cited on this page · 5

  1. zkSecurity — ZK security audits and cryptographic engineeringprovider
  2. zkSecurity — public audit reportsaudit reports
  3. Veridise — zero-knowledge audit servicesprovider
  4. zkEVM security overview — multiproof redundancy, testing, audits, formal verificationreference
  5. ZK audit checklist — concrete per-category audit checksreference
Cite this page
MarketComp (2026). Audit contests. The ZK Field Manual (Version 1.3). MarketComp. https://zkpick.com/audit/audit-contests/
@misc{zkfieldmanual-audit-contests,
  title        = {Audit contests — The ZK Field Manual},
  author       = {MarketComp},
  year         = {2026},
  version      = {1.3},
  howpublished = {\url{https://zkpick.com/audit/audit-contests/}},
  note         = {Accessed: YYYY-MM-DD}
}