Researchers Simplify Quantum Cryptography

Stony Stevenson writes "Quantum cryptography, the most secure method of transmitting data, has taken a step closer to mainstream viability with a technique that simplifies the distribution of keys. Researchers at NIST claim that the new 'quantum key distribution' method minimizes the required number of detectors, the most costly components in quantum crypto. Four single-photon detectors are usually required (these cost $20K to $50K each) to send and decode cryptography keys. In the new method, the researchers designed an optical component that reduces the required number of detectors to two. (The article mentions that in later refinements to the published work, they have reduced the requirement to one detector.) The researchers concede that their minimum-detector arrangement cuts transmission rates but point out that the system still works at broadband speeds."

Comments

Why is this practical?

[Johnno74]

I'm all for R&D into pure science, and I'm not bagging the concept of quantum cryptography, but why does this need to be a commercial product?

Is there really anyone out there paranoid enough to need/want this besides various three-letter agencies? Maybe this is proveably secure, we think, but what is more likely - Someone finds a loophole in the very weird world of quantum mechanics that makes quantum cryptography as we know it obsolite, or someone figures out a way to find prime factors of obsenely large numbers in a reasonable time.

This article is about how it may be possible have a quantum crypto setup with a bandwidth of maybe 1024kbps by spending only $20k-$50k on one component to the system. I bet there is a lot of other components.
Compare this with a basic commodity PC, which can could encrypt 1024kbps using AES with ridiculous ease.