The news this past weekend was all Mega, Mega, Mega. We've covered the launch of the new "cyber locker" service (and I swear that's the last time I'll ever use the prefix "cyber") and we've talked with Kim Dotcom himself, but the shiniest feature—the encryption methodology—has remained unexplained.
Mega has an entire page dedicated to explaining to developers how its API works, and the page contains some high-level details of what encryption methods the service uses and where they're used. There are actually several different things going on, and it's not as simple (or as secure) as it appears at first blush.
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