Crack the Code and Win a Million Bucks
JS_RIDDLER noted a Toronto Star article about a sort of contest to
crack some encryption and win a million bucks. The article is a bit fluffy, but it getst the point across... we wasted all those RC5 keys ;)
http://www.cs.uct.ac.za/courses/CS400W/NIS/papers0 0/mlesaoan/paper.html
'Internet! Is that thing still around?' - Homer Simpson
From the guru Bruce Schneier, Fallacy of cracking contests
Free XBox, PS2
I was slightly worried that this would be what Bruce Schneier calls "doghouse crypto" -- if you use it, you belong in the doghouse. The kind of companies that sell doghouse crypto usually don't say what algorithm they use, they usually use a "proprietary" (non-critically-reviewed) algorithm, and they usually don't have nearly enough knowledge to do a good review themselves. Fortunately, it's ECC, which is well known and well reviewed.
Elliptic Curve Cryptography is, like RSA and Unix crypt, believed to be hard because it looks like a one-way door: It is easy to go in one direction, but unless you have exactly the right data (or an obscene amount of time), impossible to go in the other direction.
Classic Unix crypt is limited by its key size to 56 bits, which makes it practical for a dedicated attack to break. RSA is limited by its structure to use keys that are related to large prime numbers; prime numbers are relatively rare. ECC shares neither of those limitations, so you get a lot more bang from your bits.