Real cryptanalysis
I distinguish between "real" cryptanalysis, in which one
is actually trying to break real code messages sent by real
people, and "practice" cryptanalysis, in which one is assessing
algorithm strength, developing new analysis methods, practicing,
doing homework, solving challenge puzzles, etc. Although the
latter is every bit as intellectually challenging as the former,
I think the former is by far the sexier. Alas, it is usually
practiced by intelligence agencies, criminals, industrial
espionage agents, detectives, etc, and is thus rarely described
in the open literature until long after the fact. I have been
lucky in having done some "real" cryptanalysis that I can talk
about, and lucky again because the examples are not too technical
to explain here today.
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