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by flaminghedge
3118 days ago
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People design hash functions. Repeating that ‘creating a hash function is stupid’ doesn’t make it true. There is a need for an efficient, lightweight cryptographic standard for low resource devices. Curl-P attempts to be this solution utilizing ternary logic. They aren’t making it just because they can. There is a real need for it. Recently, with the Foundation being established (therefore giving them access to sufficient funds), they hired CYBERCRYPT to vet and improve upon their prototype. |
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There's a process for everything. Cryptographic functions are supposed to undergo atleast half a decade of peer testing before they can be used with any reasonable sense of security. Creating them isn't stupid. Creating them and using them in your application without proper security testing is.
If 'ternary' logic based hash didn't exist, then sure, create one. But don't tout it as being anywhere close to ready when it is important to the overall security of the system.
The project justifies their decision to do so about 'spearheading technology for a new paradigm', which further solidifies the fact they value short-term risky benefits over long term research which is what science is supposed to be.