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Re:Automated Symbolic Verification of Telegram's MTProto 2.0 by ffpip on Monday January 11, 2021 @12:24AM (#25724921)
Yeah I know it's just publicity. Just like 'Apple will pay 1 million dollars for iphone hack' articles.

But Moxie (or any other cryptographer) could use the money for Signal's development. It's a large amount.

Re:Automated Symbolic Verification of Telegram's MTProto 2.0 by bjoli on Monday January 11, 2021 @01:40AM (#25725476)
Moxie clearly states that: the competition is framed in such a way that it would be bordering impossible to break it even uf it had been using primitives known to be broken.