Latest Cryptography News

  • Renowned Cryptographer Says His Patent Was an Obstacle for Hal Finney
    Renowned Cryptographer Says His Patent Was an Obstacle for Hal Finney
    Okamoto explains why his “electronic cash” patent may have presented obstacles to Hal Finney’s plans to make his own electronic currency. Tatsuaki Okamoto explains why his “electronic cash” patent might have presented an obstacle to Hal Finney in his ambition to create his own electronic currency. Six key patents Sometime before Dec.
  • How a Bitcoin dev hub is building a future for free software
    How a Bitcoin dev hub is building a future for free software
    Cryptography pioneer Christopher Allen started Blockchain Commons to build free and open-source tools for Bitcoin.
  • Russia's Blockchain Voting System Let Users Decrypt Results Before Count
    Russia's Blockchain Voting System Let Users Decrypt Results Before Count
    According to local reports, the blockchain-based system allowed constituents to decipher their own private votes or let third-parties do so. Russia’s blockchain-based voting system for the constitutional amendments had a vulnerability that reportedly made it possible to decipher votes before the official count.  Constituents could decipher their own private keys  According to research by Russia-language news outlet Meduza, when the constituents casted their vote via a special website, the results would get encrypted by a JavaScript library called TweetNaCl.js.  This is an implementation of the "Networking and Cryptography," or NaCi, cryptography library created by the mathematician Daniel J.
  • Cryptography Startup Brings Private Payment Channels to Tezos Blockchain
    Cryptography Startup Brings Private Payment Channels to Tezos Blockchain
    Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos.
  • This Researcher Says Bitcoin’s Elliptic Curve Could Have a Secret Backdoor
    This Researcher Says Bitcoin’s Elliptic Curve Could Have a Secret Backdoor
    According to one of the world’s leading cryptographers, Bitcoin’s elliptic curve could have a secret backdoor, invalidating all underlying security. One of the world’s top cryptographers believes that Satoshi Nakamoto chose Bitcoin’s (BTC) elliptic curve either for its efficiency or because it may offer a secret backdoor. Elliptic curve is worth $ billions A Bitcoin public key is created by applying elliptic curve cryptography to the private key.
  • Beijing Plans to Foster DLT Unicorns Through New Blockchain Investment Plan
    Beijing Plans to Foster DLT Unicorns Through New Blockchain Investment Plan
    China’s capital city has unveiled an ambitious plan to transform Beijing into a global hub for private blockchain innovation and leader in public DLT deployment. The municipal government of Beijing has unveiled a 20-point plan to accelerate the development and deployment of distributed ledger technologies (DLT) and turn Beijing into both a global and national hub for blockchain tech. According to an announcement published on July 1, the plan seeks to “promote theoretical innovation, technological breakthroughs, [...] talent cultivation,” and “create new economic growth.” The government will provide continued financial support for the plan throughout its course. Beijing wants to host DLT unicorns The Beijing Blockchain Innovation Development Action Plan 2020–2022 outlines the city’s intent to solidify itself as a global leader in both private blockchain innovation and public DLT deployment by the end of the next year. Fostering a good business climate for blockchain innovation is cited as a top objective of Beijing, with “cultivating a group of unicorn enterprises” listed among the plan’s goals. To promote innovation, the city will establish a “blockchain industry innovation development base” spanning the city's top districts for financial and technological innovation.  Beijing also plans to promote the establishment of standards of practice for the blockchain sector. The city hopes to “cultivate a group of unicorn enterprises and leading enterprises with global influence” through its initiatives. Beijing to establish blockchain research institutes The plan outlines initiatives to support research in key areas relating to DLT — including cryptography, high-performance computing and chip technology. Beijing will establish a blockchain-focused research and development institution that will work closely with China’s existing research institutions and universities.
  • Will Quantum Computing Bust Bitcoin (BTC)? World Economic Forum Analyzes Threat to Cryptography
    Will Quantum Computing Bust Bitcoin (BTC)? World Economic Forum Analyzes Threat to Cryptography
    The World Economic Forum says quantum computers have the potential to breach public-key cryptography, which is the mathematical process that helps keep the Bitcoin network secure.
  • Experts Split on Practical Implications of Quantum Cryptography
    Experts Split on Practical Implications of Quantum Cryptography
    Scientists in China managed to exchange a crypto key at a distance of over 1,000 kilometers, could this lead to hackerproof cryptography? Scientists in China were able to exchange an encryption key at a distance of 1,120 kilometers, this exceeds the previous best attempt by 1,000 kilometers.