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❕NEWS 625,000 to anyone who can decrypt Monero and Lightning Network

onlyprofits

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There is currently a reward of $ 625,000 for anyone who can decrypt the Monero and Lightning Network and thus be able to track transactions. This award will be paid by the IRS (US Internal Revenue Service).
Submissions will be accepted until September 16, if the prototype model is accepted they will pay an advance of $ 500,000, which will allow them to develop their model for a period of 8 months, if the prototype test is approved by the government, they will receive an additional $ 125,000.
How about we put together a team to crack Monero and the Lightning Network? Hahaha
Who signs up with me and we share that money? Hahaha.
 

microunit

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decrypting something is a ton of work, just even making a solution or algorithm to decrypt something is already a headache and will take alot of time
 

De-rector

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This is a big task, I don't have the knowledge of decrypt but honestly those people with the knowledge can create a group to see if they can put up a proposal which is worthwhile.
 

onlyprofits

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That of creating a team to develop an algorithm and present it to the IRS is a joke, I do not have the knowledge to participate in such an activity
 

Reznov

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that would change a lot in the cryptocurrency world, for many reasons, one of those reasons, is that it's being used in the deep web and black market, so a lot people will be caught once this becomes a thing
 

onlyprofits

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I've always wondered: Why care about privacy if hackers are taking advantage of it to commit crimes right now.
 

microunit

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For starters, the time isn't even enough for iterations and testing as it just a few days . This event got to be just a bait by the IRS. Is the event announced when this thread was created? Or before?
 

onlyprofits

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For starters, the time isn't even enough for iterations and testing as it just a few days . This event got to be just a bait by the IRS. Is the event announced when this thread was created? Or before?
The event was announced a week before and I saw it yesterday, so I found it very interesting because I have already posted several threads about tracking transactions on networks like Monero and ZEC.
 
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