Lifeboat Foundation: Safeguarding Humanity
Toggle light / dark theme

Blog

Category: encryption – Page 55

The question breaks down into two parts:

  1. For what public benefit? —and—
  2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

QR Code_CRYPSA-001«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

Bitcoin is remarkably resistant to effective regulation because it is a fully distributed, peer-to-peer mechanism. There is no central set of books, no bank to subpoena, and no central committee to pressure (at least not anyone who can put the genie back into the bottle). In essence, there is no choke point or accountable administrative party.

Sure—it is possible to trace some transactions and legislate against ‘mixers’ and other anonymization methods—but there is no way to prevent a transaction before it occurs or to know the current distribution of assets. Bitcoin can exist as a printed QR code and it can be transmitted from a jail cell with a blinking flashlight. Sending bitcoin from Alice to Bob has no intermediary. Settlement requires only that one of the parties eventually has access to the Internet. But, there is no credit authority or central asset verification. [continue below image]…

feral_cat_mating-02-ts

If you are thinking of legislating against the use of Bitcoin, you might as well pass laws to ban the mating of feral cats or forbid water from seeping into underground basements. These things are beyond the domain of human geopolitics. You can try to shape the environment (e.g. offer incentives to cats and water levels), but you cannot stop sex or seepage.

Fortunately, Bitcoin is not a threat to governments—not even to spending or taxation. A gross misunderstanding of economics and sociology has led some nations to be suspicious of Bitcoin, but this improper perception is abating. Governments are gradually recognizing that Bitcoin presents more of an opportunity than a threat.

I have written more extensively on this issue:

Philip Raymond is co-chair of Cryptocurrency Standards Association, MC for The Bitcoin Event in NY and board member for Lifeboat Foundation. This fall, he will teach Cryptocurrency and The Blockchain in Massachusetts.

Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience—and sometimes—a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume.

Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and ‘armchair’ experts.

During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&A here at Lifeboat. This is my professional field—and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.

As you browse some recent Bitcoin questions below, click a question for which you know the least. (Example: Do you know what the coming ‘halving event’ is about?). Leave a comment or question. I am interested in your opinion.

Philip Raymond sits on Lifeboat’s New Money Systems Board, is co-chair of the
The Cryptocurrency Standards Association, and is a most viewed writer at Quora.

If aliens sent you an encrypted binary message, could you answer? René Heller, an astrophysicist at the Max Planck Institute for Solar System Research, wants to hear from you.

Last month, Heller posed a hypothetical question as part of the #SETIDecryptChallenge: “Suppose a telescope on Earth receives a series of pulses from a fixed, unresolved source beyond the solar system,” he wrote. “It turns out the pulses carry a message.”

The encrypted message is a vast sea of 0’s and 1’s. You can see it here, but here’s a GIF for your convenience.

Read more

My verdict will continue to be out on this version. Unless we truly see a QC environment where the full testing of Cryptography, infrastructure, etc. is tested then at best we’re only looking at a pseudo version of QC. Real QC is reached when the infrastructure fully can take advantage of QC not just one server or one platform means we have arrived on QC. So, I caution folks from over-hyping things because the backlash will be extremely costly and detrimental to many.

IBM has taken its quantum computing technology to the cloud to enable users to run experiments on an IBM quantum processor.

Big Blue has come a long way, baby. IBM announced it is making quantum computing available on the IBM Cloud to accelerate innovation in the field and find new applications for the technology.

Read more

Interesting insight on Aluminum Nitride used to create Qubits.

http:///articles/could-aluminum-nitride-be-engineered-to-pro…nteresting insight.

Newswise — Quantum computers have the potential to break common cryptography techniques, search huge datasets and simulate quantum systems in a fraction of the time it would take today’s computers. But before this can happen, engineers need to be able to harness the properties of quantum bits or qubits.

Currently, one of the leading methods for creating qubits in materials involves exploiting the structural atomic defects in diamond. But several researchers at the University of Chicago and Argonne National Laboratory believe that if an analogue defect could be engineered into a less expensive material, the cost of manufacturing quantum technologies could be significantly reduced. Using supercomputers at the National Energy Research Scientific Computing Center (NERSC), which is located at the Lawrence Berkeley National Laboratory (Berkeley Lab), these researchers have identified a possible candidate in aluminum nitride. Their findings were published in Nature Scientific Reports.

“Silicon semiconductors are reaching their physical limits—it’ll probably happen within the next five to 10 years—but if we can implement qubits into semiconductors, we will be able to move beyond silicon,” says Hosung Seo, University of Chicago Postdoctoral Researcher and a first author of the paper.

Read more

Recently the Russia’s National Settlement Depository (NDS), an organization that provides settlement and depository services, began testing blockchain technology as a potential solution for a corporate e-proxy voting system. The results will not shock you but the origin of praise for the system just might.

NDS began looking into solutions for e-proxy voting in August of 2014. The prototype they recently tested is based on the NXT platform. The system also adheres to the ISO 20022 standard for messaging. NDS worked with the UK based DSX Technologies to develop the e-proxy voting system. The recent testing was conducted during a bondholder meeting.

With this e-proxy voting system, cascade messaging is enabled through a chain of nominee accounts. This chain is from the issuer to the voter and then back. In this configuration, NSD manages the database for the chain in order to ultimately oversee that all voting protocol was followed during the process. All of the information that is on the blockchain is then encrypted and able to be viewed by participants. The digital signatures embedded in the blockchain provide verification that the voting is within the time constraints allotted, all votes are accounted for, and that the process is transparent.

Read more

Post-quantum cryptography discussion in Tacoma WA on May 5th discussing hacking by QC hackers and leveraging Cryptography algorithms to offset the attacks; may be of interest to sit in and even join in the debates. I will try attend if I can because it would be interesting to see the arguments raised and see the responses.

The University of Washington Tacoma Institute of Technology will present a discussion about the esoteric field of post-quantum cryptography at the Northwest Cybersecurity Symposium on May 5.

“I’ve been researching post-quantum cryptography for years, finding ways to protect against a threat that doesn’t yet exist,” said Anderson Nascimento, assistant professor of computer science at the institute, in a release.

Post-quantum cryptography refers to encryption that would be secure against an attack by a quantum computer — a kind of supercomputer using quantum mechanics, which, so far, exists only in theory.

Read more

Hmmm; I guess the government needs to change its mode of operations. I believe that everyone has been saying this for a while now.

Technology companies are moving too fast for governments to keep up, according to a former chief of the US Defense Advanced Research Projects Agency (DARPA).

Kaigham (Ken) Gabriel was acting director of DARPA and the man behind drone technology and global positioning satellites, as well as the military’s top secret, high-tech operation responsible for inventing the forerunner to the internet, Arpanet.

He believes governments are fighting a losing battle with technologies such as encryption. But, when it comes to the possibility of advanced tech falling into the wrong hands, he doesn’t believe western governments should give up altogether.

Read more

The Defense Advanced Research Projects Agency is looking to take its own swing at an encrypted messaging app.

April 22, 2016.

The Defense Information Systems Agency, like many other federal agencies and the Defense Department as a whole, is bullish on embracing the small, innovative startups popping up in private sector, particularly Silicon Valley. But finding a way to integrate those fast-moving startups into DISA’s rules-encumbered procurement process remains a major hurdle.

Read more

Australia is making great strides in this area as well.

Scientists are racing to deploy foolproof quantum encryption before quantum computers come along that render all our passwords useless.

Passwords work today because the computers we have, while theoretically capable of breaking passwords, would take an impractical amount of time to do so.

“The encryption schemes today are based on factoring and on prime numbers, so if you had a computer that could factor instantly, if it did that today it could break all encryption schemes,” said David Awshalom, an experimental physicist at the University of Chicago’s Institute of Molecular Engineering.

Read more