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Bitcoin Core Announces New Security Policy

A group of Bitcoin Core developers has introduced a comprehensive vulnerability disclosure policy to address past shortcomings in disclosing security-critical bugs.

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

The announcement also includes a number of vulnerabilities that were previously undisclosed.

What is a security notification?

A security disclosure is a process by which security researchers or ethical hackers report vulnerabilities they discover in software or systems to the affected organization. The goal is to enable the organization to address these vulnerabilities before they can be exploited by malicious actors. This process typically involves discovering the vulnerability, reporting it confidentially, verifying its existence, developing a fix, and finally making the vulnerability public, along with details and advice on mitigation.

Should users be concerned?

The Latest Bitcoin Core security disclosures address several vulnerabilities of varying severity. Notable issues include multiple denial-of-service (DoS) vulnerabilities that can cause service interruptions, a remote code execution (RCE) flaw in the miniUPnPc library, bugs in transaction processing that can lead to censorship or improper management of orphaned transactions, and network vulnerabilities such as buffer blowup and timestamp overflow that lead to network splits.

It is not believed that any of these vulnerabilities currently pose a critical risk to the Bitcoin network. Regardless, users are strongly advised to ensure that their software is up to date.

For detailed information, see the commits at GitHub: Bitcoin Core Security Disclosures.

Improving the disclosure process

Bitcoin Core’s new policy categorizes vulnerabilities into four severity levels: Low, Medium, High, and Critical.

This policy aims to provide consistent tracking and standardized disclosure processes, encourage responsible reporting, and enable the community to address issues quickly.

History of CVE Disclosures in Bitcoin

Bitcoin has been hit with several high-profile security issues over the years, known as CVEs (Common Vulnerabilities and Exposures). These incidents highlight the importance of vigilant security practices and timely updates. Here are some notable examples:

CVE-2012-2459: This critical bug could cause network issues by allowing attackers to create invalid blocks that looked valid, which could temporarily split the Bitcoin network. It was fixed in Bitcoin Core version 0.6.1 and motivated further improvements to Bitcoin’s security protocols.

CVE-2018-17144: A critical bug that could have allowed attackers to create additional Bitcoins, violating the fixed supply principle. This issue was discovered and fixed in September 2018. Users were required to update their software to prevent potential exploitation.

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

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

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

The conversation about these vulnerabilities underscores the continued need for coordinated, community-supported updates to the Bitcoin protocol. Ongoing investigation Based around the idea of ​​consensus cleanup, a soft fork attempts to address latent vulnerabilities in a uniform and efficient manner, thus ensuring the continued robustness and security of the Bitcoin network.

Maintaining software security is a dynamic process that requires constant vigilance and updates. This intersects with the broader debate over Bitcoin ossification, where the core protocol remains unchanged to maintain stability and trust. While some argue for minimal changes to avoid risk, others argue that occasional updates are needed to improve security and functionality.

This new Bitcoin Core disclosure policy is a step toward balancing these perspectives by ensuring that necessary updates are properly communicated and managed responsibly.

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