The challenge is over!

Crack the code and win $1,048,576!

Meganet Corporation offered $1,048,576 to the one who can crack the
code (get the encrypted file here). The challenge was to break into a file encrypted with our proprietary technology, Virtual Matrix Encryption.

Virtual Matrix Encryption, or VME, is the industry's only commercially available, unbreakable encryption engine.  Utilizing a combination of Virtual Matrices and a 1,048,576 bit symmetric key, VME is impervious to brute force attacks.

The term of the challenge started July 18, 2001 and expired 5:00pm December 31, 2001 Standard Pacific Time.  During the term of the challenge, challengers were provided with a VME-encrypted file and were encouraged to attempt to decipher it.  Should a challenger would have been successful in deciphering the VME-encrypted file, that challenger would have been awarded a prize of $1,048,576 USD.

Meganet administered and oversaw the challenge.
Please do not e-mail more on this challenge. 

In the description below we will walk you through the decipherment of the encrypted file with the correct passwords.

The Solution: 
1- Download the encrypted file and save as "vme2001.vme" in a new folder called "Buck Per Bit Challenge" under your "C:\" drive letter.
2-Download the zip file save and extract to the same folder.
3-You will find the configuration file " vme2001.cfg", the secret  file "vme2001.txt" and the shareware application "VME00X32.EXE".
3- Open the VME shareware application (VME00X32.EXE), go to "Advanced" mode, and apply all passwords as per screen shot.
4- Click "Decrypt" and find a new file in your "Buck Per Bit Challenge" folder called: "vme2001.gif" - If all went well, you should receive this screen shot. 
That is the solution.

Thank you for participating!
If you have a valid interesting offer to challenge Meganet write us!