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Can someone explain this to someone not familiar with DEFCON. What's a badge challenge and what type of competition were they doing?
This explains what the uber/black badge is and how people obtain it: https://www.defcon.org/html/links/dc-bb-policy.html

Here's some blog posts about people who've run the gauntlet:

http://potatohatsecurity.tumblr.com/post/126411303994/defcon...

http://elegin.com/dc21/

https://1o57.wikispaces.com/DC20+Badge+Contest

In hacking circles, this is kind of a big deal to get one of these. It gives you a lifetime free admission to any future DefCon conferences and you're entered into a Black Badge HOF and plenty of bragging rights.

https://www.defcon.org/html/links/dc-black-badge.html

The first link is a great read. The amount of work required to earn one of these is amazing. Well earned and certainly deserving of the amount of respect awarded by the community.
If anyone's wondering, the Korean text is translated to "yot jangsu" - candy seller "mam dero" - depends on the person. Yot Jangsu is a street vendor of the Korean traditional candy Yot. The seller cuts the candy from a larger block for each individual customer, so they have discretion on how much exactly to give each person. So essentially, how good or bad of a deal you get depends on who you are and how you treat the Yot Jangsu.