CHAPTER 770: CHAPTER 253: SUPER CHAIN REACTION (PART 2)

"Couldn’t agree more! In fact, soccer is just a sport invented by Westerners to numb the lower classes, ensuring that kids from poor families never become scientists or engineers, and can only sweat and bleed on the field for the entertainment of the rich."

"Agreed! The World Cup and the Olympics bringing peace is the greatest lie in this world! No matter how impressive sports are, they won’t bring peace. But if scientists design the most advanced missiles, peace is assured."

...

Comments like these were interspersed among various arguments that cryptocurrencies are finished, occasionally scrolling past in the comment sections of the international version of Doule.

It’s clear that everyone is being sincere. Because according to these users who announced their identities in the comments, they come from countries that have won several World Cups.

Like Brazil, like Argentina...

The only pity is that there are hardly any Huaxia people watching the live stream on the international version server. Such remarks are hard to be immediately transmitted back to Huaxia.

Fortunately, in the era of self-media, there won’t be a shortage of internet transporters. Many have already started screen recording and thoughtfully translated those English comments into Chinese, just waiting to transfer them to the domestic version of Doule.

The overall atmosphere in the live stream can only be described as joyful. It seems everyone is happy to see these crypto exchanges run into bad luck.

This probably also shows that even where legal, cryptocurrency is quite distant from the lives of ordinary people.

After all, for eighty percent of the world’s ordinary people, just managing a fairly basic life is already exhausting. Where is the energy to engage in investment?

This is like when the Huaxia stock market plunges terribly, yet it doesn’t cause a huge stir.

The ones playing in the stock market are mostly at least middle class with no worries about their livelihood. Truly poor people simply don’t have time to pay attention to the stock market, not to mention they don’t even know how to open an account.

So in Huaxia’s live streams, the vast majority of fun-seeking netizens are actually quite happy too.

When the live stream first started, those still looking for opportunities in the cryptocurrency market were still in the mood to comment.

But at this moment, while they might still be hanging in the live stream, their attention has already shifted to their own wallets.

After all, they just watched Qiao Yu’s team directly control a huge wallet and, right under the exchange’s nose, transferred all the Bitcoin out of the wallet.

And they casually modified the transaction logs on the exchange’s server. In other words, for the exchange, this transaction never existed, but the money in the wallet was gone.

Those were Bitcoins worth over 100 million US Dollars, gone just like that. This isn’t an online game where you can simply roll back the server.

Even if they truly believe Qiao Yu was invited by the platform to conduct a security test and aren’t worried about their wallets being genuinely affected, at this moment, the prices of various cryptocurrencies on the market are plummeting like an avalanche, so they can’t spare much attention for the live stream.

Everyone is busy escaping or cursing, especially the Three Major Exchanges.

Especially those who have been optimistic about cryptocurrencies recently. If the Three Major Exchanges hadn’t conducted this test, they wouldn’t be in this mess!

For the Three Major Exchanges, actively releasing a statement that they invited Qiao Yu to conduct a security test does allow for some maneuverability afterward.

But the fact that the security system of the crypto trading platform could be breached so easily was truly unforeseen by them.

What is Quantum Dominance? This is straight-up Quantum Dominance.

The platform’s security system was so easily overcome that if there’s no major action, it would be hard to handle next.

For example, Brian Armstrong has already smashed a cup in the conference room!

Unlike Jesse Powell, who locked himself in his office alone to watch the live stream, this tech-background founder of Coinbase called all the senior managers responsible for security technology into the office to watch the live stream together.

The conference room was eerily quiet.

But the coffee and glass shards scattered everywhere testified to how angry Brian was.

"Can someone explain to me why the other side could so easily obtain the transaction secret key? Is this the security system we rely on?

Know what? With over 80 million US Dollars invested annually, I might as well raise a bunch of pigs! At least when the pigs are fat, we can eat meat!"

Honestly, although these words are harsh, none of the senior managers in the conference room dared refute them at this time.

It was indeed a heavy blow.

Before the live stream officially began, the most pessimistic prediction by everyone was that the various security verifications on the trading platform could at least maintain for a few hours.

After all, they were prepared. Having a pessimistic prediction, they even directly employed the strictest security verification measures.

Ensured that every trading account and digital wallet was protected under multiple systems and security layers.

For this, even customers conducting normal transactions were already somewhat affected. Operating accounts became much more complicated than before, requiring at least two-factor authentication, and a few accounts identified by the system as potentially risky had to go through more security verifications.

But now it seems that their previous somewhat pessimistic prediction was still too optimistic!

Who would have thought that the temporarily upgraded strictest security strategy could only last for twelve minutes?

Yes, it was breached only two minutes after Kraken Exchange. The only difference was that they didn’t employ temporary multiple protection mechanisms for this test.

So Brian’s anger is understandable.

"Clearly, Quantum Simulation Calculation belongs to a more profound advanced technological means, capable of dimensionality reduction attacks on the security strategies we are currently using.

And through backend analysis, I noticed that their attack focused on the transaction process rather than the blockchain, which suggests that Quantum Simulation Calculation hasn’t yet reached the true height of Quantum Dominance."

Quickly breaking the silence, a very objective analysis was offered.

It was the Chief Security Architect of the exchange who spoke.

No choice, as after Brian smashed the cup, he stared at him. If he stayed silent like everyone else, he might have to start looking for a new job the next day.

"What you mean is, the real blow hasn’t come yet?"

"Yes, true Quantum Dominance would be even more terrifying. And we are not sure if higher-level quantum algorithms only require algorithmic innovations to achieve this."

Brian took a deep breath and was about to speak when suddenly startled exclamations sounded in the conference room...

"Is this Huaxia person crazy? How dare he say something like that?"

Brian’s attention was immediately drawn to the subtitles on the live-streamed screen.

No choice, as Qiao Yu was doing the commentary in Chinese all along, and they had to rely on subtitles to know what Qiao Yu was saying.

And then he immediately felt unsettled...

"...Does everyone find the security measures of these cryptocurrency exchanges look very rudimentary, unable to defend against our Quantum Simulation Calculation attacks?

In fact, their security measures are already strong! But I want everyone to recall how Google promoted the concept of Quantum Dominance before. Now I want to say that what Google said isn’t wrong! Quantum Dominance does exist.

Because the technical principles used by major financial exchanges worldwide, including the stock market, to ensure transaction security are more or less the same. Including the famous New York Stock Exchange, their security measures are not even as good as these Quantum Currency Exchanges.

So theoretically, Quantum Simulation Calculation technology can quickly crack private keys on any stock, bond, and futures trading markets, obtain management permissions and operate on all transactions undetected.

And doing so is even easier... What? You don’t believe it? Why not? Come, tell me which country’s stock market trading system you think is the safest..."