What are some other terms used for a bug bounty program in the cryptocurrency industry?

3 answers

• MárcioFeb 23, 2025 · 9 months ago
  Bug bounty programs in the cryptocurrency industry are also known as vulnerability reward programs. These programs encourage security researchers to find and report vulnerabilities in exchange for rewards. It's a win-win situation where the exchange improves its security and the researchers are rewarded for their efforts. So, whether you call it a bug bounty program or a vulnerability reward program, the goal remains the same - to make the cryptocurrency industry safer and more secure.
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• Ndack NdongoNov 14, 2023 · 2 years ago
  In the cryptocurrency industry, bug bounty programs are sometimes referred to as security incentive programs. These programs incentivize individuals to discover and report security vulnerabilities in exchange for rewards. By offering incentives, exchanges can tap into the collective knowledge and expertise of the security community to identify and fix potential vulnerabilities, ultimately enhancing the overall security of the cryptocurrency ecosystem.
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• SimoOct 13, 2021 · 4 years ago
  Bug bounty programs, also known as vulnerability disclosure programs, are a common practice in the cryptocurrency industry. These programs provide a platform for security researchers to responsibly disclose vulnerabilities they discover in exchange for rewards. By establishing bug bounty programs, exchanges demonstrate their commitment to security and encourage collaboration with the security community to identify and address potential security risks.
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