ArbiterPay Security Flaw

[johnny d]

Originally Posted by Camron Rust

I could give you my password in the transformed format and, even if you had a powerful computer working on it for years, you'd never be able to figure out the original password....even if you knew the exact algorithm I used to transform it.

I find the bolded, underlined part very hard to believe, especially if the process is repeatable such that each time you enter the same sequence of letters, numbers, and symbols, they get converted into the exact same sequence of new letters, numbers, and symbols over and over again. It would not take a human cryptographer years to break that system, let alone a computer. Even without the algorithm, if you have access to multiple passwords and what they are converted to, it would not take that long to determine the algorithm.