"We would like to say thank you to @ShenNoether for finding the flaw, and the bounty will be paid in SDC at the SDC price before the flaw was revealed to the public. This is the reason we set up the bounty program in the first place, to improve shadow's privacy, usability, etc."
Nice to see Team ShadowCash is doing the right thing and rewarding Shen for his incredibly valuable, fortuitous insight.
The bug bounty is a pittance compared to the actual value of what Shen discovered, but I see it more as an honorarium than an economically competitive motivation.
If Shen wanted to go black hat, he could have made a lot more than the trivial, borderline insulting ~5 BTC being proffered.
Now let's address the outrageous behavior recently exhibited by a segment of the SDC community.
Rather than graciously accept the bug report, too many of them went into knee jerk spams of hand-waving denial.
The excuses for denying Shen his bounty were especially atrocious, as were the attempts to deflect onto Monero responsibility for the unfortunate disclosure (and predictably negative market reaction).
The rude, ignorant people who denied there is a problem (in stark contrast to consensus reality) and sought to heap opprobrium upon Shen for daring to find the issue need to be made persona non grata, or SDC will never recover from the self-inflicted damage that has been done.