Chapter 255 Super Chain Reaction


Chapter 255 Super Chain Reaction

"As you just saw, when we conduct security testing, the first step is to enter the exchange backend in an abnormal way when the other party is fully prepared and obtain some data that we cannot reach under normal circumstances.

Friends who often hack into other people's computers must know how difficult this step will be... Well, okay, you don't seem that difficult now, we've already entered, but in fact this is because we have the most advanced computing tools.

That is what we mentioned before, quantum simulation computing. Why do we say that quantum computing is better than classical computers? In fact, it is not how advanced the quantum computer is now, but it is determined by the characteristics of the quantum computing itself..."

At this time, Qiao Yu in front of the camera has also entered the state. He suddenly realized that he seemed to be very good at doing such commentary live broadcasts.

Mainly it's too simple.

You just need to report the professional language on the software to the camera in languages ​​that ordinary people can understand.

By the way, I will explain what the difficulties and advantages are. I will not have to worry about anything. There is even a feeling of unfulfilled pleasure.

"But these are just the beginning, because there are still many things to do next. You should know that such centralized exchanges will save transaction logs on the server.

Therefore, if you want to deceive the exchange, you also need a series of actions, such as modifying the transaction records through an algorithm, clearing the log, and if possible, forging multiple transaction verification signatures.

This series of operations is to confuse the audit system on the platform to the greatest extent, making it difficult for the platform's security team to trace the whereabouts of funds even after the transaction occurs.

But that is not our main purpose today. In fact, our security tests have never been aimed at a single transaction on the platform, or to find out the loopholes in the shallow trading system.

What we need to do is to conduct a deep sorting of the trading system of the entire cryptocurrency platform through quantum simulation calculations, so you don’t have to worry that the live broadcast will end quickly..."

Qiao Yu was talking easily against the screen. Obviously not everyone can keep it easy at this time.

Especially Jesse Powell, the founder and CEO of Kraken Exchange.

Although quantum hegemony is very hyped by companies such as Google, he really didn't expect it to be so powerful.

Jesse Powell believes that he is a manager who attaches great importance to technology and security. The exchange spends nearly $100 million a year on upgrading security technology.

This includes the salary and benefits of security technicians, as well as various upgrade suggestions for server security by these people, whether it is hardware or software.

Unexpectedly, over the years, nearly one billion US dollars of investment is like paper in front of quantum computing.

Ten minutes, just ten minutes...

Those complicated security strategies did not play any role at all, so they let their families go straight in. He could only watch the 800 million US dollars worth of Bitcoin being transferred from the main wallet of the trading market...

Yes, MasterWallet is the main wallet account of the trading platform, and the account stores a part of the most liquid virtual currency on the platform.

Similarly, this money is an important tool for exchanges to maintain liquidity. Now the most important virtual currency assets in the wallet have been emptied...

Jesse Powell couldn't imagine what would happen if the money couldn't be returned on time.

In particular, Qiao Yu's team was able to enter the system backend of the Kraken Exchange so quickly, which obviously caused panic among countless investors.

Almost at that moment, almost all virtual currency varieties on the exchange began to fall wildly.

If it is a single type of cryptocurrency, this level of crazy fluctuation is really nothing to the cryptocurrency market.

It's been more than ten years since Jesse Powell, who is more exciting. But this time the situation is obviously different.

The good news is that it is not just the Kraken exchange, but the other two exchanges are not much better, and they are quickly given permission. But this happens to be bad news for the entire industry.

Because the prices of cryptocurrencies on the exchange have fallen even harder, it is obvious that many investors are losing confidence and directly appearing in panic selling.

But that doesn't make Jesse Powell feel that the end of the world is really coming. No matter what, Qiao Yu's team was invited to test this time.

The purpose is to help them build a safer trading system. To avoid being attacked by quantum computing in the future.

As long as you can unify the good attitude with Qiao Yu, you will always be able to slowly restore investor confidence in the future.

And he had thought before that he would hire Qiao Yu's team to be responsible for various security matters of the Kraken Exchange. As long as this matter can be negotiated, the game can continue to be played.

But those people in the live broadcast room who were afraid of the world's chaos really made him break the defense!

One by one, they shouted in the live broadcast room and ran away quickly. What the hell is that cryptocurrencies are worthless in the future?

Really, compared to these people, Jesse Powell even prefers those who flatter Chinese in the comment section of Doule International live broadcast room!

"Do you know why China's football is bad? You can't even rank in Asia? That's because Chinese people pay more attention to cultivating children's learning. So China can cultivate the world's most powerful scientists and engineers! Instead of so-called football stars!"

"I can't agree more! In fact, football was just a sports invented by Westerners to paralyze the lower class of people, so that children from poor families can never become scientists and engineers, and can only shed blood and sweat on the court for entertainment for rich people."

"Prefer one! The World Cup and Olympics can bring peace is the biggest lie in the world! No matter how powerful sports are, there is no peace, but if scientists design the most advanced missiles, they will definitely bring peace."

...

Similar comments are mixed with various arguments about cryptocurrencies, and they occasionally float through the comment section of Doule International Edition.

It can be seen that everyone is sincere. Because according to these users' self-reported homes in the comments, they all come from the country that has won the Hercules Cup several times.

For example, Brazil, Argentina...

The only shame is that there are not many Chinese people watching the live broadcast on the international version of the server. These remarks are difficult to spread to China at the first time.

Fortunately, in the era of self-media, there will definitely be no shortage of Internet porters. Many people have started recording screens. And thoughtfully translated those English into Chinese, just waiting to be transported to Doule domestic version.

The overall atmosphere in the live broadcast room can only be described as joy. It seems that everyone is happy to see these crypto exchanges unlucky.

This probably also shows that even in a legal place, cryptocurrency is quite far from the lives of ordinary people.

After all, for 80% of ordinary people in this world, just being able to make a normal life is already doing their best. Where can I still have the time to invest?

This is the same as the fact that no matter how bad the Chinese stock market falls, it will not cause any big news.

Most of the middle class who can roll in the stock market are at least the worry-free middle class. The real poor don’t have the time to pay attention to the stock market at all, and they can’t even open an account. So at this time, the majority of netizens in the live broadcast room of China are actually very happy.

When the live broadcast room was just opened, those who were still looking for opportunities in the cryptocurrency market were still in the mood to say a few words in the comment section.

But at this moment, these people may still be hanging in the live broadcast room, but their attention has been put on their wallets.

After all, they just watched Qiao Yu's team directly control a huge wallet, and then transferred all the Bitcoins in the wallet under the nose of the exchange.

I also changed the transaction log on the trading market server. In other words, this transaction has never existed in the trading market, but the money in the wallet is gone.

That's hundreds of millions of dollars in Bitcoin, and it's gone if it's gone. This is not an online game, so it is impossible to have any retracement mechanism.

Even if I really believe that Qiao Yu is an investor invited by the platform to do security testing and is not worried that his wallet will really affect it, the prices of various cryptocurrencies in the market are falling avalanche at this time, and I must not have much leisure to pay attention to the situation in the live broadcast room.

Everyone is busy escaping or cursing, and they are also scolding the three major exchanges.

Especially those who have been bullish on cryptocurrencies recently. If the three major exchanges did not conduct this test, how could they cause such trouble?

For the three major exchanges, they actively issued a statement because they invited Qiao Yu to do security testing, although to a certain extent, it did give more subsequent operational space.

But it was definitely unexpected that the security system of the crypto trading platform could be so easily captured.

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What is quantum hegemony? This is really the pure quantum hegemony!

The platform's security system is so easily lost. If there is no big move, it will be difficult to operate next.

For example, Brian Armstrong has already thrown his cup in the conference room!

Unlike Jesse Powell who locked himself in the office to watch the live broadcast, the Coinbase Exchange, a technical founder, called all the executives in charge of security technology to the office to watch the live broadcast together.

The conference room was terriblely quiet at this time.

But the coffee and glass slags splashed on the ground can prove how angry Brian was at this time.

"Can anyone explain to me why the other party can obtain the transaction key so easily? This is the security system we rely on for a living?

Do you know? I might as well raise a group of pigs if I invest more than 80 million US dollars a year! Anyway, the result is the same. Pigs can still eat meat if they are fattened! ”

To be honest, although these words were very hurtful, no one in the executives in the conference room refuted it at this time.

It's really too hurt.

Before the live broadcast officially began, everyone’s most pessimistic prediction was the various security verifications of the trading platform, which could last at least a few hours.

After all, they are ready. Because of pessimistic estimates, the strictest safety verification measures have even been directly activated.

It ensures that each transaction account and digital wallet can be protected by multiple systems and security protection layers.

For this reason, even customers who trade normally have been affected. The procedures for operating an account are much more complicated than before. At least secondary verification is required, and a few accounts identified by the system as possible risks must be experienced, and even more security verification is required.

But now it seems that their predictions were a bit pessimistic, but now it seems that they are still too optimistic!

Who would have thought that the strictest security strategy in the history of temporary upgrades could only last for twelve minutes.

Yes, it was conquered only two minutes later than the Kraken Exchange. The only difference is that the opposite side did not temporarily enable the multiple protection mechanism because of this detection.

So Brian's anger is understandable.

"Obviously quantum simulation computing is a deeper technical means, which can indeed cause a dimensionality reduction blow to the security strategies we use now.

Moreover, through backend analysis, I noticed that the focus of their attacks is actually the transaction process, not starting from blockchain, which shows that quantum simulation computing has not yet reached the height of true quantum hegemony. ”

Soon someone broke the silence and spoke in a very pertinent manner.

The speaker was the chief security architect of the exchange.

There was no way, Brian kept staring at him after he threw the cup, and he remained silent if he learned from others. Maybe you can find a new job the next day.

"You mean, the real blow hasn't come yet?"

"Yes, true quantum hegemony will only be more terrifying than it is now. And we don't know whether more advanced quantum algorithms can do it only need algorithm innovation."

Brian took a deep breath and was about to speak when a burst of exclamation suddenly came from the conference room...

"Is this Chinese crazy? How dare he say that?"

Brian immediately turned his attention to the subtitles of the live broadcast screen.

There is no way, Qiao Yu has been using Chinese as an explanation. They can only rely on subtitles to know what Qiao Yu said.

Then I suddenly felt that I was not very good...

"...Why do you think the security measures of these currency exchanges look simple and cannot defend against our quantum simulation computing attacks?

In fact, their safety measures are already very strong! But I hope everyone can recall how Google promoted the concept of quantum hegemony before. Now what I want to say is, Google is right! Quantum supremacy does exist.

Because the technical principles used by major financial exchanges around the world, including the stock market, are similar in ensuring transaction security. Security measures, including the well-known New York exchanges, are even less than those of these quantum currency exchanges.

Therefore, quantum simulation computing technology can theoretically quickly crack private keys in any stock, bond and futures trading market, obtain management authority and operate all transactions without realizing it.

And it can be easier to operate in this way...what? Don't you believe it? Why don’t you believe it? Come on, tell me which country's stock market trading system think is the safest..."

(This chapter ends)

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