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Ask HN: Unbreakable Crypto How to Market

2 pointsby damarualmost 6 years ago
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&#x27;t get any tracktion in the market.<p>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?<p>Are there contest and other avenues to prove your working concept?

1 comment

nsajkoalmost 6 years ago
This is like asking <i>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&#x27;t get any tracktion</i> [sic] <i>in the market.</i><p>* Firstly, &quot;tech person&quot; is strange considering this place is Hacker News, and possibly insulting.<p>* &quot;Unbreakable&quot; is unbelievable.<p>* &quot;Crypto&quot; is not specific enough. (Is it a symmetric cipher, asymmetric crypto, a secure hash?)<p>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 &quot;crypto contest&quot; 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.)<p>[0] <a href="https:&#x2F;&#x2F;csrc.nist.gov&#x2F;Projects&#x2F;Lightweight-Cryptography&#x2F;Round-1-Candidates" rel="nofollow">https:&#x2F;&#x2F;csrc.nist.gov&#x2F;Projects&#x2F;Lightweight-Cryptography&#x2F;Roun...</a>