D-Day For Z.Cash

Today the first ever truly anonymous crypto currency ZEC went live. The full P2P client can be downloaded from here [Linux only for now]. The total number of ZEC coins will be only 21 million, like in bitcoin. Zerocash also reproduces few other unreasonable properties known from bitcoin: bizarre monetary policy with inelastic monetary supply and block halving every …

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How Many 1024-bit Primes Have Backdoors?

So how did the NSA backdoored the Internet or did they??? New ground-breaking paper shows that DSA and DH mod P keys with 1024 bits are vulnerable to practical backdoors which can be exploited to break our secure communications. Few highlights: For such trapdoored primes the DL problem can be solved in 2 months by an academic cluster. The …

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Changing the Past of Ethereum – Not an Ordinary Divorce

Tomorrow 20 July Ethereum are going to invalidate more than 50M$ worth of Ethereum stolen by some rogue hacker group. Congratulations to our community for this brave decision! Support for this decision must be shown by all honest citizens of crypto space by upgrading ASAP geth.exe and mist wallets to the new version, for example now, and …

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DAO – Record Breaking Theft Worth 5OM$

Some 50 millions of dollars have been stolen from DAO token holders (including myself). The DAO is by the way, claimed to be closing [Tual]. Closing or not, it remains a smart contract which should allow DAO holders to get some of their initial ethers back. Now can the thief spend his Ethers without being caught (for now locked until 14 …

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Comparison of R&D Expenses in Different Countries

We have heard about the CIA/NSA Uber Apple/Google/Facebook, food industry, rampant imperialism which emanates from a handful of countries… and how these forces corrupt politicians and business circles in many other countries. Well actually in many cases it is self-inflicted misery. In many cases it is politicians and business people who run these countries do not …

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Is Computer Security a Pseudo Science?

A major paper trying to explain why security experts have so frequently failed.    Cormac Herley: The Unfalsifiability of Security Claims paper /slides. It starts with a great classic, Karl Popper philosophy of science which would be the basis to say “security” is some sort of pseudo-science. We read that “there is no empirical test that allows us …

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Researchers in Cryptography vs. Big Brother

For decades the dominant paradigm in crypto and security research would be: to claim that security vulnerabilities occur accidentally, ignoring major questions such as why there are so many of them and why the “bad scenarios” repeat so many times, concentrate security research on topics of secondary importance, or those which have no importance whatsoever and …

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Record Breaking DAO Token Sale

In the last 2 weeks it was possible to buy DAO tokens, a major new form of distributed business constructed to run on ETH blockchain. Until Friday 12 May 2016 some 50 M$ were invested. Then the price of these tokens has started raising [following the pre-determined rule] for the last 2 weeks of token …

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A Short Human-Verifiable Proof that Craig Wright has Cheated the Press

Hours after his TV interview and his coming out in The Economist and elsewhere, I can confirm beyond reasonable doubt that Craig Wright (CW) has cheated us about his ability to sign messages with Satoshi’s private key. Here is a short executive summary of facts guaranteed to be 100% exact.This is also a short and …

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