Capítulo 769: Chapter 253: Super Chain Reaction

“As everyone just saw, the first step in our security testing is to enter the backend of the exchange through an unconventional method when the counterpart is fully prepared, to obtain data that we normally cannot access.

Friends who frequently hack into others’ computers surely know how difficult this step can be… Well, it doesn’t seem that difficult now, as we have already accessed it, but that’s because we have the most advanced computing tools.

Which is what we previously mentioned as Quantum Simulation Calculation. Why do we say Quantum Computing is more powerful than classical computers? It’s not because quantum computers are so advanced now, but because the characteristics of Quantum Computing itself determine it…”

At this moment, Qiao Yu in front of the camera had also gotten into the zone. He suddenly realized he seemed quite skilled at doing this kind of explanatory live broadcast work.

Mainly because it’s too simple.

All he needed to do was report the professional language in the software to the camera in terms that ordinary people could understand.

Along the way, he would explain the difficult steps, where the advantages are, completely unconcerned about running out of things to say. There was even a lingering sense of satisfaction.

“But this is just the beginning because there are still many things to do next. You all should know that centralized exchanges will save transaction logs on their servers.

So if you want to deceive the exchange, a series of actions are needed, like modifying transaction records through algorithms, clearing logs, and if possible, forging multiple transaction verification signatures.

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

But this is not our main goal today. In fact, our security tests are never aimed at a single transaction on the platform, or to find loopholes in the shallow trading system.

What we aim to do is a deep combing of the entire cryptocurrency platform’s trading system through Quantum Simulation Calculation, so everyone need not worry that the broadcast will end hastily…”

Qiao Yu was speaking at ease in front of the screen. Obviously, not everyone could remain relaxed at this moment.

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

Although Quantum Dominance was hyped by Google and other companies, he really didn’t expect it to be this powerful.

Jesse Powell considered himself a management figure who highly valued technology and security. The exchange spent nearly a hundred million US Dollars annually on security technology upgrades.

This includes the salaries and benefits of security technicians, and their suggestions for various upgrades on server security, whether it is hardware or software.

Unexpectedly, after so many years and nearly a billion US Dollars of investment, it turns out to be like paper in front of Quantum Computing.

Ten minutes, just ten minutes…

Those complex security strategies played no role whatsoever, and they let someone walk right in, as he watched eight hundred million US Dollars worth of Bitcoin being transferred from the main wallet of the trading market…

Yes, the MasterWallet is the main wallet account of the trading platform, holding a portion of the most liquid Virtual Coin on the platform.

Similarly, this money is an important tool for the exchange to maintain fund liquidity. Now the most important Virtual Coin assets in the wallet have been directly emptied…

Jesse Powell simply couldn’t imagine what would happen if this money couldn’t be returned on time.

Especially since Qiao Yu’s team managed to enter Kraken Exchange’s system backend so quickly, which clearly triggered countless investors’ panic.

Almost instantly, almost all virtual coin types in the exchange began to plunge crazily.

If it were just a single type of cryptocurrency, this level of frantic fluctuation would really be nothing for the cryptocurrency market.

Jesse Powell had seen even more intense scenarios in the past decade. But this time it’s obviously different.

The good news is that it’s not just Kraken Exchange; the other two exchanges didn’t fare much better, and soon they too were accessed. But for the entire industry, this is also bad news.

Because the cryptocurrencies on those exchanges plummeted more severely, it was clear that many investors were losing confidence, directly leading to a panic sell-off wave.

But this is not enough to make Jesse Powell feel like it’s the end of the world. No matter what, on the surface, Qiao Yu’s team was invited to test this time.

The purpose is to help them build a more secure trading system. To prevent future Quantum Computing attacks.

As long as they can align with Qiao Yu regarding the narrative, they can always gradually restore investor confidence in the future.

Moreover, he had previously considered hiring Qiao Yu’s team to take charge of various security matters for Kraken Exchange. As long as this matter can be negotiated, the game can continue.

But the people in the live stream room who were afraid of nothing but chaos really broke him!

One after another, they shouted in the live stream room to run away quickly. What nonsense is it that cryptocurrency will soon be worthless in the future?

Honestly, compared to these people, Jesse Powell even preferred those who were praising Huaxia in various ways in the Doule International live stream room’s comment section!

“Do you know why Huaxia’s soccer is so poor? Not even ranked in Asia? That’s because Huaxia people place more emphasis on cultivating children’s education. Therefore Huaxia can develop the world’s greatest scientists and engineers! Not so-called soccer stars!”