Re:Cryptographic vulnerabilities in IOTA
by rodarmor on Thursday September 07, 2017 @06:15PM
(#15196277)
The IOTA devs are deluded. Here's there justification:
"Creating a new cryptographic hash function is no trivial undertaking, even when it is being built on preexisting world class standards. “Don’t roll your own crypto” is a compulsory uttered mantra that serves as a good guiding principle for 99.9% of projects, but there are exceptions to the rule. When spearheading technology for a new paradigm this statement is no longer axiomatic. Progress must march on."
"Creating a new cryptographic hash function is no trivial undertaking, even when it is being built on preexisting world class standards. “Don’t roll your own crypto” is a compulsory uttered mantra that serves as a good guiding principle for 99.9% of projects, but there are exceptions to the rule. When spearheading technology for a new paradigm this statement is no longer axiomatic. Progress must march on."