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Re: How much is my encryption algorithm worth?

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On 3/22/2014 9:53 PM, Daniel Mullarkey wrote:
> I developed a lossless, key-based, encryption algorithm that can work
> in any modern programming language and it has a 1-to-1 relationship
> between the unencrypted values and the encrypted values as long as
> the key remains the same and the minimum values and maximum values
> are known. The key can also be of virtually limitless size. How much
> is this encryption algorithm potentially worth if I patent it?

I'd estimate about $0.

Cryptography is difficult and surprisingly involved. No one should be 
willing to trust their data to an algorithm that has not undergone 
intense cryptanalysis. At the very least, there needs to be signs that 
the inventor is very much aware of cryptography and what can go wrong. 
The selection process for the SHA-3, for example, rejected 26 of 51 
round-1 applicants due to substantial cryptographic weaknesses, and many 
of these were presumably proposed by active cryptographic researchers 
(since it had to be approved well enough by NIST to make it into round 1).

Your coyness about describing any elements of the algorithm and the 
inability to find a more appropriate venue (such as, I don't know, 
sci.crypt) are highly suggestive that you have no practical experience 
in understanding why cryptographic algorithms would be weak.

-- 
Beware of bugs in the above code; I have only proved it correct, not
tried it. -- Donald E. Knuth

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How much is my encryption algorithm worth? Daniel Mullarkey <correspondence@danielmullarkey.me> - 2014-03-22 19:53 -0700
  Re: How much is my encryption algorithm worth? Arne Vajhøj <arne@vajhoej.dk> - 2014-03-22 23:14 -0400
    Re: How much is my encryption algorithm worth? Daniel Mullarkey <correspondence@danielmullarkey.me> - 2014-03-22 20:59 -0700
    Re: How much is my encryption algorithm worth? Daniel Mullarkey <correspondence@danielmullarkey.me> - 2014-03-22 21:23 -0700
      Re: How much is my encryption algorithm worth? Simon Lewis <simonlewis2001@gmail.com> - 2014-03-23 11:04 +0100
        Re: How much is my encryption algorithm worth? Jeff Higgins <jeff@invalid.invalid> - 2014-03-24 00:20 -0400
      Re: How much is my encryption algorithm worth? Arne Vajhøj <arne@vajhoej.dk> - 2014-03-23 16:11 -0400
  Re: How much is my encryption algorithm worth? Daniel Mullarkey <correspondence@danielmullarkey.me> - 2014-03-22 21:17 -0700
    Re: How much is my encryption algorithm worth? "Qu0ll" <Qu0llSixFour@gmail.com> - 2014-03-23 17:03 +1100
      Re: How much is my encryption algorithm worth? Simon Lewis <simonlewis2001@gmail.com> - 2014-03-23 11:05 +0100
        Re: How much is my encryption algorithm worth? "Qu0ll" <Qu0llSixFour@gmail.com> - 2014-03-23 21:41 +1100
    Re: How much is my encryption algorithm worth? rossum <rossum48@coldmail.com> - 2014-03-23 10:42 +0000
  Re: How much is my encryption algorithm worth? lipska the kat <lipskathekat@example.com> - 2014-03-23 10:27 +0000
  Re: How much is my encryption algorithm worth? Joshua Cranmer 🐧 <Pidgeot18@verizon.invalid> - 2014-03-23 21:17 -0500
    Re: How much is my encryption algorithm worth? Simon Lewis <simonlewis2001@gmail.com> - 2014-03-24 12:06 +0100
      Re: How much is my encryption algorithm worth? "Qu0ll" <Qu0llSixFour@gmail.com> - 2014-03-24 22:28 +1100
      Re: How much is my encryption algorithm worth? lipska the kat <lipskathekat@example.com> - 2014-03-24 15:23 +0000
      Re: How much is my encryption algorithm worth? Arne Vajhøj <arne@vajhoej.dk> - 2014-03-24 19:35 -0400
  Re: How much is my encryption algorithm worth? Jeff Higgins <jeff@invalid.invalid> - 2014-03-23 23:00 -0400
    Re: How much is my encryption algorithm worth? Jeff Higgins <jeff@invalid.invalid> - 2014-03-25 06:53 -0400
  Re: How much is my encryption algorithm worth? Jeff Higgins <jeff@invalid.invalid> - 2014-03-23 23:17 -0400
    Re: How much is my encryption algorithm worth? Jeff Higgins <jeff@invalid.invalid> - 2014-03-23 23:33 -0400
  Re: How much is my encryption algorithm worth? Kevin McMurtrie <mcmurtrie@pixelmemory.us> - 2014-03-24 21:32 -0700

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