Would an Encryption Ban Kill the UK's Bitcoin Businesses?
The possibility of a crackdown on encryption systems in the UK has risen again, ringing alarm bells in the bitcoin community. A terrorist attack that killed 30 UK citizens in Tunisia last month led one MP to question prime minister David Cameron on whether popular social networks and internet services would have to abandon their claimed privacy policies. Cameron and the UK government are on record as saying they do not approve of any communication medium that is 100% secret. The question is: given bitcoin's cryptographic foundation, would bitcoin businesses find it impossible to function....
Related News
Encryption has always been a hot topic in the world of technology and innovation. Not only does encryption allow both consumers and businesses to keep data safe from prying eyes, but it has also been a thorn in the side of governments around the world. The French government is not a fan of backdoors to break encryption, whereas a recent New York Bill....
Discussions about encryption are becoming more of a norm than the exception these days, and the situation is only getting direr in certain regions. The Hungarian Parliament is in favour to ban end-to-end encryption in the not-so-distant future. Hungary Takes on End-to-End Encryption. According to local sources, the Hungarian parliament voted on an amendment which prohibits end-to-end encryption in the country. Similar to most other countries in the world taking an aggressive stance on encryption, they label this decision as part of the “ongoing war on terrorism in Hungary”. As a result of....
Tor, the (in)famous encrypted web browser, may not be strong enough to resist the next generation’s attacks on encryption. What will the next generation of encryption tools look like? Tor came to the forefront of the privacy debate through providing an encrypted web browser used by such services as the Silk Road. In the years since Edward Snowden leaked the NSA’s mass collection of metadata, the amount of Internet users interested in encryption grew dramatically. However, Tor’s encryption may not be completely trusted. In fact, 80% of user types may be de-anonymized within six months,....
Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war. The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal government seems groundbreaking. However, tussles between the private sector and the state on the issue of privacy are far from new and can provide compelling insights on what we might expect next for privacy in the crypto industry.In the 1990s, Phil....
A new day is dawning where encryption is growing and the ever watchful eyes of the NSA and GCHQ are fighting harder. The right to privacy is teetering back and forth all across the world. Methods of encryption online and found in hardware are creeping into society in a very profound way. However the ever present battle to crack this protection has been....