Post
Topic
Board Bitcoin Discussion
Re: SHA-256 is designed by the NSA - do they have a backdoor?
by
DeathAndTaxes
on 10/09/2013, 13:31:10 UTC
By the way: What might have been the reason that Mr. Nakamoto decided to use an NSA algorithm (SHA-256) for Bitcoin?

The same reason that banks, the US government, foreign governments, millions of websites, the SSL protocol, PGP, and other secure systems use it.
It is the most widely studied and analyzed algorithms in the last twenty years.  It has held up to extensive public scrutiny and been shown to be a strong hashing function.