High Performance Implementation of a Public Key Block Cipher - MQQ, for FPGA Platforms

We have implemented in FPGA recently published class of public key algorithms -- MQQ, that are based on quasigroup string transformations. Our implementation achieves decryption throughput of 399 Mbps on an Xilinx Virtex-5 FPGA that is running on 249.4 MHz. The encryption throughput of our implementation achieves 44.27 Gbps on four Xilinx Virtex-5 chips that are running on 276.7 MHz. Compared to RSA implementation on the same FPGA platform this implementation of MQQ is 10,000 times faster in decryption, and is more than 17,000 times faster in encryption