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Jun 23rd, 2018
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  1. Press Release: “The Unlockening”
  2. For Immediate Release: Blockopticon Industries identify cause of mass smart contract event dubbed “The Unlockening”.
  3. Blockopticon Industries are the leading provider of blockchain transaction de-anonymization analytics software. Our software is used both in legal, moral and social compliance programs by state actors and by individuals and organizations watching for off-chain transactions being brought on-chain without publicly revealing their interest, for example from cold storage, paper wallets, or layer two / layer three networks.
  4. Blockopticon Industries can exclusively reveal:
  5. The large anonymous transactions on the Bitcoin Scrip sidechain that mystified observers last week was the result of the copy of Satoshi Nakamoto’s coins on the sidechain being moved as a result of a quantum hack. Bitcoin Scrip is unusual among the historical Bitcoin forks in being patched to include zk-SNARKs anonymous transactions but not being patched against quantum attacks.
  6. These transactions were ultimately the cause of the mass triggering of long-dormant smart contracts including those controlling car door and cargo container locks using TTP security hardware systems. Dubbed “The Unlockening” by social media, smart contract rules that have long since been overridden and should have been removed were suddenly called. This happened when the algorithms that set smart contract rule execution prices suddenly and incorrectly dropped prices low enough for these old rules to be able to afford to run.
  7. The cause of this unintended drop in smart contract execution prices was the use of transaction de-anoymization analytics data (from a rival platform to Blockopticon) as part of the pricing algorithm. The pricing algorithm mistakenly identified the move of Satoshi Nakamoto’s coins on the Bitcoin Scrip sidechain as a move of the original coins into general circulation, discounting prices by several trillion Doge as a result. This allowed the execution of old smart contract rules that should have been removed, taking precedence over their replacements.
  8. Blockopticon are making this information public both in order to qualify for the “The Unlockening Bounty” bug reward and as a service to the blockchain community. This information can help create more robust cryptoeconomic frameworks that do not misinterpret analytics data to such disastrous effect.
  9. Blockopticon’s upcoming version 3.3, “Platinum Proboscis”, will provide even more powerful deep transaction history inference and cross-chain identity tracking. This will allow both darknet market users to safely watch for transactions without revealing their presence on-chain, and law enforcement to better track and de-anonymize darknet users.
  10. Individual customers for Blockopticon’s Sousveillance Edition can contact their peer independent dales representative in person or via social media, corporate and state customers for Blockopticon Gold Edition can contact us on-chain or by landline or fax.
  11.  
  12. Puzzle:
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  14. The pain was real.Some watched it happen live. Some go back to relive it even today. The great flash crash of 2011 saw bitcoin flatline at this price in USD.
  15. Hint : 7 digits after the zero
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