In the wild west, there is no guarantee bounties will be paid. The extreme implications are companies held to their knees with threats and blackmail.
The term “bounties” comes from the days of the “wild west” and to date, that is how they have operated. It is time for bounties to provide transparency and trust.
“Software is eating the world”-Marc Andressen. Our lives are unavoidably impacted by software. We need to make it easier for more coders to become whitehat hackers.