Ask HN: Unbreakable Crypto How to Market

2 points by damaru 6 years ago | 1 comment

I was talking to this tech person today who was telling me about his unbreakable crypto technology. He was wondering how to market the idea as it didn't get any tracktion in the market.

I was wondering if a social network type of approach where you offer an incentive (1000$) to break a technology, yet you have to pay 10$ to enter which get added to the amount offered. Is that something that could interest people to try to hack your crypto? Is that too cheap? Like bounty hunter on a bug?

Are there contest and other avenues to prove your working concept?

nsajko 6 years ago |

This is like asking I was talking to this medicine person today who was telling me about his perfectly effective zero-cost therapy. He was wondering how to market the idea as it didn't get any tracktion [sic] in the market.

* Firstly, "tech person" is strange considering this place is Hacker News, and possibly insulting.

* "Unbreakable" is unbelievable.

* "Crypto" is not specific enough. (Is it a symmetric cipher, asymmetric crypto, a secure hash?)

There are cryptological competitions like this [0] one (it is too late to contest now in that one). I am not an expert, but I think if you were doing your own "crypto contest" thing, you would need to ensure the winners get at least on the order of 50000$ (consider that people get thousands of dollars just on bug bounties, the money may need to replace tenure, attackers may be better funded, etc.)

[0] https://csrc.nist.gov/Projects/Lightweight-Cryptography/Roun...