There really is no such thing as best contest. It's just a matter of which contest you would prefer to participate in.
OGR - Search for the Optimal 25-mark Golomb Ruler. OGR's have many applications including sensor placements for X-ray crystallography and radio astronomy.
RC5 - Decryption contest for 64 bit key. The goal of the contest is to quantify the security offered by the government-endorsed data encryption standard (DES) and other secret-key ciphers with keys of various sizes. The information obtained from the contest is anticipated to be of value to researchers and developers alike as they estimate the strength of an algorithm or application against exhaustive key-search.
You can go to the official
DNet site for more details.
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