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Board Beginners & Help
Re: Any truth to this rumor?
by
stereotyyp
on 24/11/2013, 11:40:42 UTC
People that are looking for conspiracies can find one everywhere. Bitcoin is conspiracy friendly anyway because we don't know the identity of Satoshi and because of other things that came to light like crypto algorithms being potentially rigged by the nsa.

http://en.wikipedia.org/wiki/SHA-2
SHA-2 is a set of cryptographic hash functions (SHA-224, SHA-256, SHA-384, SHA-512) designed by the U.S. National Security Agency (NSA) and published in 2001 by the NIST as a U.S. Federal Information Processing Standard (FIPS).

So yeah - NSA designed SHA256 hash function that BitCoin is using. Strange.. Sure - hash functions might be rigged by them somehow.
Im not expert on cryptographics so i dont know how they could use it against Bitcoin.. Cheesy