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Bitcoin Core Announces New Security Disclosure Policy Trending Global News

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A group of Bitcoin Core developers has been introduced by A comprehensive security disclosure policy to address past shortcomings in publicizing security-critical bugs.

This new policy aims to establish a standardized process for reporting and disclosing vulnerabilities, thereby improving transparency and security in the Bitcoin ecosystem.

The announcement also includes the patching of several previously unknown vulnerabilities.

What is a security disclosure?

Security disclosure is a process through which security researchers or ethical hackers report vulnerabilities found in software or systems to the affected organization. The goal is to allow the organization to address these vulnerabilities before they can be exploited by malicious actors. The process typically involves discovering the vulnerability, reporting it confidentially, confirming its existence, developing a fix, and finally, publicly disclosing the vulnerability with details and mitigation advice.

Should users be concerned?

Latest Bitcoin Core Security Disclosures Address various vulnerabilities of varying severity. Key issues include several denial-of-service (DoS) vulnerabilities that can cause service disruptions, remote code execution (RCE) flaws in the miniUPnPc library, transaction handling bugs that can lead to censorship or improper orphan transaction management, and network vulnerabilities such as buffer blowups and timestamp overflows that can cause network partitions.

None of these vulnerabilities are currently believed to pose any serious risk to the Bitcoin network. Nevertheless, users are strongly encouraged to ensure that their software is up to date.

For detailed information, see the commits here GitHub: Bitcoin Core Security Disclosure,

Improving the Disclosure Process

Bitcoin Core's new policy categorizes vulnerabilities into four severity levels: low, medium, high, and critical.

  • Low severity: Bugs that are difficult to exploit or have minimal impact. These will be disclosed two weeks after the fix is ​​released.
  • Medium and High severity: Bugs with significant impact or moderate ease of exploitation. These will be disclosed one year after the end-of-life (EOL) of the last affected release.
  • Critical severity: Bugs that threaten the integrity of the entire network, such as inflation or coin theft vulnerabilities, will be dealt with ad-hoc procedures due to their critical nature.

The purpose of this policy is to provide consistent tracking and standardized disclosure processes, encourage responsible reporting, and allow the community to resolve issues quickly.

History of CVE Disclosures in Bitcoin

Bitcoin has experienced several notable security issues over the past few years, known as CVEs (Common Vulnerabilities and Exposures). These incidents highlight the importance of vigilant security practices and timely updates. Here are some key examples:

CVE-2012-2459: This serious bug could cause network problems by allowing attackers to create invalid blocks that looked legitimate, causing the Bitcoin network to temporarily split. It was fixed in Bitcoin Core version 0.6.1 and led to further improvements to Bitcoin's security protocol.

CVE-2018-17144: A critical bug that could allow attackers to create additional bitcoins, which violates the fixed supply principle. The issue was discovered and fixed in September 2018. Users were required to update their software to avoid the potential exploit.

Additionally, the Bitcoin community has discussed various other vulnerabilities and potential solutions that have not yet been implemented.

CVE-2013-2292By creating blocks that take a very long time to verify, the attacker can significantly slow down the network.

CVE-2017-12842: This vulnerability can make lightweight bitcoin wallets think they have received a payment when they have not. This is risky for SPV (Simplified Payment Verification) clients.

Discussion about these vulnerabilities underscores the continued need for coordinated and community-supported updates to the Bitcoin protocol. Revision in progress Around the idea of ​​a consensus cleanup soft fork, efforts are made to address latent vulnerabilities in an integrated and efficient manner, ensuring the continued robustness and security of the Bitcoin network.

Maintaining software security is a dynamic process that requires constant vigilance and updates. This connects to the wider debate over Bitcoin ossification – where the core protocol remains unchanged to maintain stability and trust. While some advocate minimal changes to avoid risks, others argue that occasional updates are necessary to enhance security and functionality.

This new disclosure policy from Bitcoin Core is a step towards balancing these approaches, ensuring that any necessary updates are well-communicated and managed responsibly.