Popescu Opens Block Cipher Competition: 10 BTC Bounty + Peerage

Today Mircea Popescu opened a competition to find a block cipher suitable for advancing the causes of The Most Serence Republic.1 The rewards for the winner include a 10 Bitcoin payment and membership honoris causa in the peerage of The Most Serene Republic. Submissions with an implementation are preferred, but theoretical proposals will be considered.

  1. This Republic, Most Serene is nothing other than Bitcoin.  

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