CHAPTER 758: CHAPTER 247: EVERYTHING IS READY, ONLY AWAITING NOTIFICATION (PART 2)

"Uncle Zheng, do you think I can recruit these engineers? I believe our Xiyu Technology Company really needs such talent. With their help, our Xiyu Technology can soon step onto the world stage."

Zheng Xiweng pondered for two seconds and then asked, "Who have you got your eye on? Or how many people?"

Hearing this, Qiao Yu’s eyes lit up and he immediately replied, "The whole team, we can bring the entire team over. There’s no problem with wages and benefits. You know Xiyu Technology’s books."

Zheng Xiweng said calmly, "I was just asking. These are core talents, cultivated by their company for years, all essential personnel on loan."

"If you take these people, I believe Xiyu Technology can certainly develop, but at least two or three companies would suffer greatly. So I suggest you don’t think wishfully."

Qiao Yu’s eyes shifted, asking, "So you’re saying, as long as we don’t aim for everyone, I can discuss bringing a few over to Xiyu Technology, right?"

"There’s no room for negotiation. If you need talent, you can nurture it yourself. Aren’t you about to start a project? Once it’s underway, you can headhunt the scientists from the project team who you find convenient to work with."

Zheng Xiweng offered his advice.

Given his understanding of Qiao Yu, since this youngster had already opened his mouth to take everyone, once a small opening was made, one couldn’t predict how the story might develop next.

It’s better to completely nip his idea in the bud, otherwise, if word got out, he could have endless arguments on his hands.

Indeed, if those people knew that he was the one coordinating, they likely wouldn’t trouble Qiao Yu, but him instead.

Qiao Yu smacked his lips and decided to give up.

Thinking carefully, doing it this way was indeed not very fair.

He wanted to do something, and when others cooperated so well, lending their elite forces to help him, the result was that he would turn around and poach all these people. If this got out, in the future, if he needed their help again, they might hide their talents away.

However, poaching talent from research institutes and academia was indeed feasible.

"Alright then. There are indeed mountains beyond mountains, and people beyond people! Honestly, these engineers are exceptional. I don’t even quite understand many technical details.

When I tell them the designed algorithms and some technical principles, they can find the problem faster than AI. They can also provide constructive suggestions.

It must be tough to nurture these engineers, right? That’s why I always say the Nobel Prize and Fields Medal judges are too narrow-minded, they should give more awards to those engaged in applications.

What’s the use of just awarding theorists? Ultimately, these people are needed for engineering implementation. Giving them more awards to facilitate the rapid application of more theories is the way to go."

Qiao Yu expressed his heartfelt sentiment, with no sense of himself being an established beneficiary.

"So, is it truly done? Can supercomputers genuinely interfere with cryptocurrency trading systems at any time now?"

Zheng Xiweng inquired with the most cautious words he could muster.

"Of course. During those few hours, we simulated thousands of transactions using supercomputers and successfully obtained over fifty percent of the transaction signatures."

Qiao Yu stated proudly.

"We are now monitoring cryptocurrency trades on Coinbase, Kraken, and Bybit. These cryptocurrency exchanges are indeed too bold.

Despite knowing that it’s already the era of quantum computing, they still dare to use old-fashioned security methods to safeguard user accounts. Without touching blockchain technology, we can fully control the platform’s offline wallets via secure signatures.

Do you know what happens once an offline wallet is controlled? We can transfer cryptocurrencies in the wallet to any address. The best part is that after such a round, no one can prove to whom these cryptocurrencies originally belonged.

Because the rule of cryptocurrencies is that all transfers are anonymous, which is one of the basic features of cryptocurrency. Of course, exchanges have logs, but logs can coincidentally be altered too.

Now, what we need to do is simulate the entire process for the world. Make them realize the current trading model is not secure. However, I’m considering another matter, should we provide some security protection for these exchanges?

After all, I’ve done this out of goodwill. Just pointing out issues without helping to resolve them seems not quite right. But it seems too much for Xiyu Technology alone to take on such a large task.

So I’m considering whether to establish a company with several firms we’ve collaborated with today, especially those in security, to handle this job together.

Don’t underestimate this business line. Although the current service targets are only cryptocurrency exchanges, as long as we can produce the intended results, we can offer security maintenance services to financial companies around the world in the future.

As long as our technology isn’t outdated, even if someone develops a corresponding quantum-resistant algorithm, this money can keep coming. What do you think of this idea? It’s a big business!"

Zheng Xiweng nodded, then shook his head.

This wasn’t something he could decide. However, there was one thing he knew clearly. To put it plainly, Qiao Yu was still eyeing those engineer teams.

Alright, smart young people always think fast. Besides, Zheng Xiweng thought this method would likely be accepted.

If Qiao Yu truly succeeded, then the profits from this business would be immense. He couldn’t even describe it with percentages.

After all, throughout history, collecting protection fees has always been an extremely profitable business.

Although in modern Huaxia society, the words ’protection fee’ are almost extinct, if you think about it carefully, the copyrights and patents of those tech companies are undoubtedly an extension of protection fees...

It can only be said that this world hasn’t changed much over thousands of years. Just the old things our ancestors grew tired of are being adorned with different guises in various social environments.

"Once you succeed, you can discuss it. Regarding the commercial issues, I can’t provide suggestions. However, I can help you cut off those who extend a hand but make no contribution."

After thinking for a moment, Zheng Xiweng offered a very candid perspective.

Upon hearing this, Qiao Yu immediately showed a thumbs up to Zheng Xiweng.

"Uncle Zheng, having your words is enough. Then I’ll get ready. By the way, it’s now Eastern Standard Time, three seventeen in the afternoon.

I plan to officially announce at five o’clock, and tomorrow at ten in the morning, Yanbei International Mathematics Center will demonstrate the security issues of cryptocurrency in the era of Quantum Simulation Calculation via live broadcast. Uncle Zheng, you can start arranging now.

Try to contact the three cryptocurrency exchanges I just mentioned. Notify the three major exchanges that our team will comprehensively and publicly test the security of their cryptocurrency trading systems at ten o’clock tomorrow morning using the latest quantum simulation computing technology.

So, they will still have more than six hours to upgrade the security of their servers. Otherwise, if we suddenly begin the live broadcast without them being prepared, it wouldn’t be great. After all, we mean well. I don’t want to cause too many misunderstandings."

Zheng Xiweng nodded and then picked up the phone. Before the call connected, Old Zheng affirmed Qiao Yu’s idea.

"Right, they should be informed in advance. Also, they should thank you for your selfless help with cryptocurrency trading. By the way, Jesse Powell has some connection with you, he graduated from the University of California System, albeit the University of Los Angeles."

"Who is Jesse Powell?" Qiao Yu asked somewhat puzzled.

"The founder and current owner of Kraken," answered Zheng Xiweng.