For thousands of years, secret communication required sending a physical key via a trusted courier before a message could be sent; Whitfield Diffie and Martin Hellman proved that two total strangers can agree on a shared secret over a compromised public channel. Published in 1976, this mathematical breakthrough invented public-key cryptography and made secure global e-commerce possible.

From the military codes of Julius Caesar to the secret radios of the Cold War, cryptography suffered from an insurmountable logistical bottleneck: you could never send an encrypted message to someone without first secretly handing them a physical key. This meant global online banking and private internet commerce were impossible.
Two Stanford researchers solved this using the mathematics of one-way trapdoors. Much like two people mixing cans of paint in front of a crowd—where anyone can see the mixed color but no spy can unmix the paint to recover the secret ingredients—strangers can agree on a shared secret key across public radio wires.
Diffie and Hellman’s discovery made the modern commercial internet possible. By enabling secure credit card transactions over open Wi-Fi, by creating digital signatures that verify identity, and by protecting private end-to-end messaging for billions of people, public-key cryptography created the secure digital economy.
New directions in cryptography
Two kinds of contemporary developments in cryptography are examined. Widening applications of teleprocessing have given rise to a need for new types of cryptographic systems, which minimize the need for secure key distribution channels and supply the equivalent of a written signature. This paper suggests ways to solve these currently open problems. It also discusses how the theories of communication and computation are beginning to provide the tools to solve cryptographic problems of long standing.
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