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A comment on $300k for Cracking Telegram Encryption. Parent comment

Re:$300k for Cracking Telegram Encryption by Nursie on Tuesday November 04, 2014 @11:35AM (#8557416)
OTOH it is enough money to get a few interested amateurs going at it I would think.

Not that it proves anything very much if it's not claimed.

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Re:$300k for Cracking Telegram Encryption by xnyhps on Tuesday November 04, 2014 @12:08PM (#8557610)
It's even counter-productive:

If I find a few small flaws that are problematic, but not enough to claim the prize, I'll definitely keep them to myself until the contest ends. Instead of incentivizing people to share vulnerabilities with them, they incentivize hoarding bugs.

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