Author

Topic: Does Bitcoin Encryption Need to be Updated? (Read 611 times)

legendary
Activity: 1974
Merit: 1075
^ Will code for Bitcoins
December 28, 2013, 08:58:33 AM
#5
Bitcoin does not use encryption.

... except for the (optional) Bitcoin-QT wallet encryption. Nevertheless, this attack doesn't seem to be a thereat to Bitcoin.
legendary
Activity: 1512
Merit: 1028
December 28, 2013, 01:18:44 AM
#4
Bitcoin does not use encryption.
newbie
Activity: 26
Merit: 0
December 27, 2013, 10:21:03 PM
#3
Even if this method was applicable to the algorithms used by bitcoin it is a much less significant threat then what we already know exists out there.  For instance the back doors available to NSA employees built into the Mac and Windows operating systems.  Couple that with the fact that it has been revealed that NSA employees, even those without security clearance, have had free reign to use communication spytools for personal use, spying on the spouse suspected of cheating, stalking the love interest etc...  Take that knowledge and look at the Mac/Windows downloads vs the linux downloads for bitcoin-qt: http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.8.6/

 
hero member
Activity: 784
Merit: 500
December 25, 2013, 03:19:38 PM
#2
We've already seen this on this forum. If you notice, the attack mentioned doesn't even affect the algos bitcoin uses (SHA and ECDSA). Why replace your Toyota if suddenly Fords were catching fire?
legendary
Activity: 3766
Merit: 1368
December 25, 2013, 12:52:25 PM
#1
Seems someone has found a method to break the toughest encryption around by listening to the sounds the harddrive makes while decrypting.

http://www.extremetech.com/extreme/173108-researchers-crack-the-worlds-toughest-encryption-by-listening-to-the-tiny-sounds-made-by-your-computers-cpu
Jump to: