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Math Advances Raise the Prospect of an Internet Security Collapse


The encryption systems used to secure online bank accounts and keep critical communications private could be undone in just a few years, security researchers warned at the Black Hat conference in Las Vegas yesterday. Breakthroughs in math research made in the past six months could underpin practical, fast ways to decode encrypted data that’s considered unbreakable today.

Alex Stamos, chief technology officer of the online security company Artemis, led a presentation describing how he and three other security researchers studied recent publications from the insular world of academic cryptopgraphy research, which covers trends in attacking common encryption schemes.

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Comment by Ed Price
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From GitHub at

"GitHub is the best place to share code with friends, co-workers, classmates, and complete strangers. Over three million people use GitHub to build amazing things together."

Some of (if not all of) the key Bitcoin programmers are in some way associated with GitHub. And Bitcoin programmers are experienced in the top methods of encryption.

The point is, as much as GitHub is a social gathering, it is a software development group. So, the Bitcoin people will be receiving top programming info about major math developments all the time. This means that as fast as math can be developed that might crash encryption, it will be used to enhance encryption, making Bitcoin encryption stronger than ever.

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