19 December 2013
Last updated at 02:58 ET
Telegram says entrants will have to give a detailed description of how they cracked the encryption
Telegram, a secure messaging service app, has offered a reward to the first person who can crack its encryption.
The firm’s founder has put up an award of $200,000 (£122,000) worth of Bitcoins for breaking the protocol.
To win the award, users will have to intercept a daily message between the founders Pavel and Nikolai Durov to find out a secret email address.
They have to send the decrypted text of the message to the email address to prove they have cracked the protocol.
The firm says it will publish encrypted Telegram traffic between the two founders on its website and users can view it in real time.
“To prove that the competition was fair, we will publish the participating keys necessary to decrypt the traffic as soon as a winner is announced,” the firm said.
In case there is no winner by 1 March 2014, encryption keys will be published on that date.