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."
You can achieve comparable security using Byzantine methods to split a one-time encryption pad into relatively secure fragments. Since the fragments can be reordered and then randomly embedded in the data, you can achieve everything boasted for quantum encryption but using methods tried-and-tested.
It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)