Fintech Crypto 101
You will try to decipher some encryped messages. This will give you exposure to traditional crypto versus the new crypto based on hash functions, and illustrate some concepts crucial to the crypto side of Fintech such as:
– proof of work
– collision resistance
– proximity breaking
– asymmetrical workload for encryption/decryption
Explain what you did to try to break the ciphers, how you went about it, challenges, and issues you encountered.
Traditional ciphers:
1) aipgsqi xs wyrrc qmeqm
2) ltardbt id hjccn bxpbx
3) ftmf ime dqmxxk qmek
4) ocvo rvn mzvggt zvnt
Non-traditional ciphers (new crypto based on hash functions)
5) hb!evrb ov rqarq
6) iqbzlbzdb a !akqg