Author

Topic: What Do the Latest NSA Leaks Mean for Bitcoin? (Read 422 times)

b!z
legendary
Activity: 1582
Merit: 1010
September 16, 2013, 05:23:58 AM
#4
Doesn't matter, bitcoin user not affected :-)
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
September 16, 2013, 02:43:26 AM
#3
I believe it means nothing for Bitcoin. It doesnt surprice there are backdoors in some crypto implementations though, or Windows itselves
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
September 16, 2013, 02:34:12 AM
#2
There are already many many threads discussing this subject.
sr. member
Activity: 364
Merit: 250
September 16, 2013, 02:26:51 AM
#1
http://motherboard.vice.com/blog/what-do-the-latest-nsa-leaks-mean-for-bitcoin


Quote
Could the intelligence community have a secret exploit for Bitcoin? It's rather obvious that Bitcoin presents a very strong financial incentive to break its cryptography, since such a vulnerability could allow an attacker to claim large amounts of virtual currency for themselves. But given the decentralized nature of the currency, it may also be a target for intelligence officials looking for ways to track its use.

Last week, we learned that the National Security Agency has led an aggressive effort to “break widely used Internet encryption technologies.” ​The Office of the Director of National Intelligence claims it “would not be doing its job” if it didn't try to counter the encryption used by terrorists and cyber-criminals. There is speculation that many protocols or crypto implementations have been compromised, deliberately weakened, or have had backdoors inserted. In doing so, the NSA has made the Internet less safe for us all, perhaps including those that wish to take advantage of Bitcoin's privacy benefits.
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