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When I think about it in those terms... Why not fund bug bounties that way?
by intrasight 5y ago
When I think about it in those terms...
Why not fund bug bounties that way?
- X6S1x6Okd1st 5y agoThat is happening as well.
- solomonb 5y agoBecause you presumably want to find bugs in applications that are not smart contracts.
- adtac 5y agoWait you don't have a /root/btc_bounty_private_key.txt with 600 permissions in every server?
- intrasight 5y agoNo. I was specifically referring to finding bugs in smart contracts. Stand up a network and have a "bounty" that would attract attempts.
- EGreg 5y agoBecause the payout would be too large
- intrasight 5y agoThe payout would be whatever gas you put in as the "bounty"
- rawtxapp 5y agoThey are called ransomwares and people aren't very happy with that method.
- ineedasername 5y agoAnd oddly ineffective at actually prompting action on closing out those bugs.
- CryptoPunk 5y agoWhile I don't have numbers, there is indication that it's prompting increased investment into cyber security: https://www.forbes.com/sites/kevindowd/2021/06/06/private-equity-pushes-deeper-into-cybersecurity-as-ransomware-attacks-ramp-up/ https://www.forbes.com/sites/kevindowd/2021/06/06/private-eq...