We show very efficient constructions for a pseudorandom generator and
for a universal one-way hash function based on the intractability of t
he subset-sum problem for certain dimensions. (Pseudorandom generators
can be used for private-key encryption and universal one-way hash fun
ctions for signature schemes.) The increase in efficiency in our const
ruction is due to the fact that many bits can be generated/hashed with
one application of the assumed one-way function. All of our construct
ions can be implemented in NC using an optimal number of processors.