Was looking for something else related to Ethereum, but saw this Reddit comment & felt compelled to respond.
1. Ethereum's version of keccak is different than the SHA3 standard because they decided to move ahead before the authors of the algorithm sent in their final submissions (to the NIST competition; 'Blake' was another finalist here).
2. The "NSA" did not force the authors to tweak their algorithm. The U.S. agency responsible for holding the competition, liaising w teams, publishing information & ultimately adjudicating the competition was the NIST.
Was looking for something else related to Ethereum, but saw this Reddit comment & felt compelled to respond.
1. Ethereum's version of keccak is different than the SHA3 standard because they decided to move ahead before the authors of the algorithm sent in their final submissions (to the NIST competition; 'Blake' was another finalist here).
2. The "NSA" did not force the authors to tweak their algorithm. The U.S. agency responsible for holding the competition, liaising w teams, publishing information & ultimately adjudicating the competition was the NIST.
BY LibreCryptography
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n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
What is Telegram?
Telegram’s stand out feature is its encryption scheme that keeps messages and media secure in transit. The scheme is known as MTProto and is based on 256-bit AES encryption, RSA encryption, and Diffie-Hellman key exchange. The result of this complicated and technical-sounding jargon? A messaging service that claims to keep your data safe.Why do we say claims? When dealing with security, you always want to leave room for scrutiny, and a few cryptography experts have criticized the system. Overall, any level of encryption is better than none, but a level of discretion should always be observed with any online connected system, even Telegram.
