While the effectiveness of cryptanalytic methods employed by intelligence agencies remains unknown, many serious attacks against both academic and practical cryptographic primitives have been published in the modern era of computer cryptography:
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Face recognition software, explosives detection devices and computer cryptography technology were all on display Wednesday, part of what Energy Secretary Spencer Abraham said were scientists finding " peaceful outlets for their expertise ."
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:Evidently there is lots of complicated computer cryptography involved here-which neither you nor I will ever fully understand . . . but the upshot is that bitcoins really do work, just like " real " money-and solutions to all of the obvious problems you might imagine you'd have with them have been found.