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B-money
Wei Dai ( zh, c=戴维 or zh, c=戴伟) is a computer engineer known for contributions to cryptography and cryptocurrencies. He developed the Crypto++ cryptographic library, created the b-money cryptocurrency system, and co-proposed the VMAC message authentication algorithm. Education and career Dai graduated from the University of Washington with a degree in computer science, just before creating b-money in 1998. He is described as an "intensely private computer engineer". Wei Dai was a member of the Cypherpunks, Extropians, and SL4 mailing lists in the 1990s. On SL4 he exchanged with people such as Eliezer Yudkowsky, Robin Hanson, Nick Bostrom, Aubrey de Grey, Anders Sandberg, Eric Drexler, David Pearce, Hal Finney, and others in a nascent rationalist community. Dai has contributed to the field of cryptography and has identified critical Cipher Block Chaining (CBC) vulnerabilities affecting SSH2 and the browser exploit against SSL/TLS known as BEAST (Browser Exp ...
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Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source software, open-source implementation. In 2021, Bitcoin in El Salvador, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, Cryptocurrency and crime, its use by criminals has attracted the attention of regulators, leading to Legality of cryptocurrency by country or territory, its ban by several countries . Bitcoin works through the collaboration of computers, each of which acts as a Node (networking), node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of ...
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Cypherpunk
A cypherpunk is one who advocates the widespread use of strong cryptography and privacy-enhancing technologies as a means of effecting social and political change. The cypherpunk movement originated in the late 1980s and gained traction with the establishment of the "Cypherpunks" electronic mailing list in 1992, where informal groups of activists, technologists, and cryptographers discussed strategies to enhance individual privacy and resist state or corporate surveillance. Deeply libertarian in philosophy, the movement is rooted in principles of decentralization, individual autonomy, and freedom from centralized authority. Its influence on society extends to the development of technologies that have reshaped global finance, communication, and privacy practices, such as the creation of Bitcoin and other cryptocurrencies, which embody cypherpunk ideals of decentralized and censorship-resistant money. The movement has also contributed to the mainstreaming of encryption in every ...
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Cryptocurrency
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as commodities, securities, and currencies. Cryptocurrencies are generally viewed as a distinct asset class in practice. The first cryptocu ...
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University Of Washington
The University of Washington (UW and informally U-Dub or U Dub) is a public research university in Seattle, Washington, United States. Founded in 1861, the University of Washington is one of the oldest universities on the West Coast of the United States. The university has a main campus located in the city's University District. It also has satellite campuses in nearby cities of Tacoma and Bothell. Overall, UW encompasses more than 500 buildings and over 20 million gross square footage of space, including one of the largest library systems in the world with more than 26 university libraries, art centers, museums, laboratories, lecture halls, and stadiums. Washington is the flagship institution of the six public universities in Washington State. It is known for its medical, engineering, and scientific research. Washington is a member of the Association of American Universities. According to the National Science Foundation, UW spent $1.73 billion on research and develo ...
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Satoshi Nakamoto
Satoshi Nakamoto ( – 26 April 2011) is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin until December 2010. There has been widespread speculation about Nakamoto's true identity, with various people posited as the person or persons behind the name. Though Nakamoto's name is Japanese, and inscribed as a man living in Japan, most of the speculation has involved software and cryptography experts in the United States or Europe. Development of bitcoin Nakamoto said that the work of writing bitcoin's code began in the second quarter of 2007. On 18 August 2008, he or a colleague registered the domain name bitcoin.org, and created a web site at that address. On 31 October, Nakamoto published a white paper on the ...
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Adam Back
Adam Back (born July 1970) is a British cryptographer and cypherpunk. He is the CEO of Blockstream, which he co-founded in 2014. He invented Hashcash, which is used in the bitcoin mining process. Life Back was born in London, England, in July 1970. His first computer was a ZX81, Sinclair ZX81. He taught himself BASIC, Basic, and spent his time reverse engineering video games, finding decryption keys in Software suite, software packages. He completed his A-Levels, A levels in advanced mathematics, physics, and economics. He has a computer science Doctor of Philosophy, PhD in distributed systems from the University of Exeter. During his PhD, Back worked with compilers to make use of parallel computers in a semi automated way. He became interested in Pretty Good Privacy, PGP encryption, Electronic cash system, electronic cash and Anonymous remailer, remailers. He spent two thirds of his time working with encryption. After graduation, Back spent his career as a consultant in Start ...
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Public-key Cryptography
Public-key cryptography, or asymmetric cryptography, is the field of cryptographic systems that use pairs of related keys. Each key pair consists of a public key and a corresponding private key. Key pairs are generated with cryptographic algorithms based on mathematical problems termed one-way functions. Security of public-key cryptography depends on keeping the private key secret; the public key can be openly distributed without compromising security. There are many kinds of public-key cryptosystems, with different security goals, including digital signature, Diffie–Hellman key exchange, Key encapsulation mechanism, public-key key encapsulation, and public-key encryption. Public key algorithms are fundamental security primitives in modern cryptosystems, including applications and protocols that offer assurance of the confidentiality and authenticity of electronic communications and data storage. They underpin numerous Internet standards, such as Transport Layer Security, T ...
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Proof Of Work
Proof of work (also written as proof-of-work, an abbreviated PoW) is a form of cryptographic proof in which one party (the ''prover'') proves to others (the ''verifiers'') that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part. The concept was first implemented in Hashcash by Moni Naor and Cynthia Dwork in 1993 as a way to deter denial-of-service attacks and other service abuses such as spam on a network by requiring some work from a service requester, usually meaning processing time by a computer. The term "proof of work" was first coined and formalized in a 1999 paper by Markus Jakobsson and Ari Juels. The concept was adapted to digital tokens by Hal Finney in 2004 through the idea of "reusable proof of work" using the 160-bit secure hash algorithm 1 (SHA-1). Proof of work was later popularized by Bitcoin as a foundation for consensus in a permissionless decentralized n ...
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International Association For Cryptologic Research
The International Association for Cryptologic Research (IACR) is a non-profit scientific organization that furthers research in cryptology and related fields. The IACR was organized at the initiative of David Chaum at the CRYPTO '82 conference. Activities The IACR organizes and sponsors three annual flagship conferences, four area conferences in specific sub-areas of cryptography, and one symposium: * Crypto (flagship) * Eurocrypt (flagship) * Asiacrypt (flagship) * Fast Software Encryption (FSE) * Public Key Cryptography (PKC) * Cryptographic Hardware and Embedded Systems (CHES) * Theory of Cryptography (TCC) * Real World Crypto Symposium (RWC) Several other conferences and workshops are held in cooperation with the IACR. Starting in 2015, selected summer schools will be officially sponsored by the IACR. CRYPTO '83 was the first conference officially sponsored by the IACR. The IACR publishes the '' Journal of Cryptology'', in addition to the proceedings of its conference and ...
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Message Authentication Code
In cryptography, a message authentication code (MAC), sometimes known as an authentication tag, is a short piece of information used for authentication, authenticating and Data integrity, integrity-checking a message. In other words, it is used to confirm that the message came from the stated sender (its authenticity) and has not been changed (its integrity). The MAC value allows verifiers (who also possess a secret key) to detect any changes to the message content. Terminology The term message integrity code (MIC) is frequently substituted for the term ''MAC'', especially in communications to distinguish it from the use of the latter as ''media access control address'' (''MAC address''). However, some authors use MIC to refer to a message digest, which aims only to uniquely but opaquely identify a single message. RFC 4949 recommends avoiding the term ''message integrity code'' (MIC), and instead using ''checksum'', ''error detection code'', ''hash function, hash'', ''keyed hash'' ...
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Library (computing)
In computing, a library is a collection of System resource, resources that can be leveraged during software development to implement a computer program. Commonly, a library consists of executable code such as compiled function (computer science), functions and Class (computer programming), classes, or a library can be a collection of source code. A resource library may contain data such as images and Text string, text. A library can be used by multiple, independent consumers (programs and other libraries). This differs from resources defined in a program which can usually only be used by that program. When a consumer uses a library resource, it gains the value of the library without having to implement it itself. Libraries encourage software reuse in a Modular programming, modular fashion. Libraries can use other libraries resulting in a hierarchy of libraries in a program. When writing code that uses a library, a programmer only needs to know how to use it not its internal d ...
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