The length-based approach is a heuristic for solving randomly generated
equations in groups which possess a reasonably behaved length function. We
describe several improvements of the previously suggested length-based
algorithms, that make them applicable to Thompson's group with significant
success rates. In particular, this shows that the Shpilrain-Ushakov public key
cryptosystem based on Thompson's group is insecure, and suggests that no
practical public key cryptosystem based on this group can be secure.Comment: Final version, to appear in JM