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Was looking for something else related to Ethereum, but saw this Reddit comment & felt compelled to respond.

1. Ethereum's version of keccak is different than the SHA3 standard because they decided to move ahead before the authors of the algorithm sent in their final submissions (to the NIST competition; 'Blake' was another finalist here).

2. The "NSA" did not force the authors to tweak their algorithm. The U.S. agency responsible for holding the competition, liaising w teams, publishing information & ultimately adjudicating the competition was the NIST.

LibreCryptography
Forwarded from Librehash Research
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Was looking for something else related to Ethereum, but saw this Reddit comment & felt compelled to respond.

1. Ethereum's version of keccak is different than the SHA3 standard because they decided to move ahead before the authors of the algorithm sent in their final submissions (to the NIST competition; 'Blake' was another finalist here).

2. The "NSA" did not force the authors to tweak their algorithm. The U.S. agency responsible for holding the competition, liaising w teams, publishing information & ultimately adjudicating the competition was the NIST.
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What Is Bitcoin?

Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.

Was looking for something else related to Ethereum

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