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Re:$300k for Cracking Telegram Encryption by eksith on Tuesday November 04, 2014 @11:07AM (#8557225)
PR stunt has side benefits besides pure security even though the method has shortcomings. Namely, the PR part, which may play a significant role in its actual success.

We know for a fact that most people aim for better known than just better.

Re:$300k for Cracking Telegram Encryption by tptacek on Tuesday November 04, 2014 @11:09AM (#8557242)
There's the "well known" you get after holding a big contest, and the even better known you get after you're prominently featured in indictments, the way Hushmail and Lavabit were.

Not so many news stories about simple OTR.

Re:$300k for Cracking Telegram Encryption by eksith on Tuesday November 04, 2014 @11:16AM (#8557286)
They don't have nearly as many users to face that indictment at this point in time, which is why they can afford to pull this. Like I said, there are shortcomings in this, but if anything, that does attract more attention to OTR.