$200,000 Awaits Winner of Telegram's Encryption Contest
Submitted by anthea on Friday, December 20, 2013 - 20:48.
$200,000 awaits for those great contenders who can break the Telegram's encryption, so if you are the one who aim this huge price better do the task before March 2014 comes.
Meanwhile, due to this great offer, the task will also never be easy, thus, it will be very difficult, yet there's no impossibility for those determined who wanted to achieve this huge amount.
As part of competition's criteria, the first person who can break the protocol will win $200,000 in Bitcoins.
This type of competition is made to show off its encryption technology which is implemented by the Telegram company, founded by VKontakte last August 2013, and this company also considered as one of the largest European social network.
According to Telegram's official statement it says, “to prove that the competition was fair, we will publish the participating keys necessary to decrypt the traffic as soon as a winner is announced. In case there is no winner by March 1, 2014, encryption keys will be published at that date.”
Based on the description provided by Telegram, it is a cloud-based encrypted messaging service that lets you send messages, photos and videos to people who are in your phone contacts. It lets you access your messages from different devices and store an unlimited number of photos and videos in the cloud. The service is free and has no ads.
In regard with this, the company was asked how they intent to make money for the project, Telegram responded, “We believe in fast and secure messaging that is also 100% free. Therefore Telegram is not a commercial project. It is not intended to sell ads, bring revenue or accept outside investment. If Telegram runs out of money, we'll invite our users to donate or add non-essential paid options.”
Here's the process how to win the $200,000 price:
Each day Paul (+79112317383) will be sending a message containing a secret email address to Nick (+79218944725).
In order to win the price, you need to decipher the message, find the secret email address, and send an email to it. Your email has to contain the entire text of the message that contained the secret email, your Bitcoin address to receive the $200,000 in BTC, and a detailed explanation of how you attacked and cracked the encryption.
If you are wondering who's the source of this huge offer, VKontakte founder Pavel Durov provides this price.
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