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The NSA had invented the chip's underlying cryptographicalgorithm-Skipjack-whichtheagency promptly classified.
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However, the KEELOQ security system implementation involves much more than just the cryptographicalgorithm.
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Typically, they're built on other cryptographicalgorithms, such as secret-key ciphers or hash functions.
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Overseen by cryptographicalgorithms, such a market would potentially be more transparent, more reliable, and more secure that then existing system.
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Using cryptographicalgorithms running across a vast network of independent machines, the blockchain can potentially oversee the exchange of any digital asset.
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And the lottery ticket is a hash -a number that represents a big bunch of data and is created via cryptographicalgorithms.
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Using cryptographicalgorithms including digital signatures, blockchain keeps track of and verifies transactions, adding new transactions in blocks to the chain of all previous transactions.