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.