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Fwd: [gsc] Fwd: Bitcoin P2P e-cash paper
by R.A. Hettinga 02 Nov '08

02 Nov '08

Begin forwarded message: > From: Eric S Johansson <esj(a)esjworks.com> > Date: November 2, 2008 3:13:57 PM EST > To: "R.A. Hettinga" <rah(a)shipwright.com> > Subject: Re: [gsc] Fwd: Bitcoin P2P e-cash paper > > R.A. Hettinga wrote: >> In re: <http://www.bitcoin.org/bitcoin.pdf> >> >> On Nov 2, 2008, at 12:27 PM, R.A. Hettinga wrote: >> >>> On Nov 2, 2008, at 9:52 AM, Patrick Chkoreff wrote: >>> >>>> That is a great paper. >>> >>> Shit. Now I have to read the damn thing. >> >> ------- >> >> :-) >> >> Kewl. Nice to see that someone's blown the cobwebs off the stuff >> that's >> out there, and done something interesting. >> >> >> So, one of the things I like is that it's got a distributed mint, >> kinda >> like Juels and Jakobsson's Breadpudding scheme for Shamir/Rivest's >> Micromint. >> >> Not to mention a variant of Adam Back's Hashcash proof of work stuff. >> I've never been convinced by the Bayes-filter guys' incessant >> attacks on >> proof of work schemes like Eric Johansson's Camram, myself, though >> I've >> always been more interested in underwriting other things of value >> besides mere machine horsepower. :-). Looks like this is long-awaited >> step in the right direction. >> > just a quick update on the project formerly known as camram and now > known as 2 > penny blue (came later then and had a higher value than Penny > Black. :-). It's > still alive albeit suffering from a bit of neglect. I'm currently > restructuring > it to make it more robust in the face of ill formed messages and add > reputation > handling. this latter feature is a major shift in my perception of > proof of > work puzzles with regards to anti-spam. It came because the > realization that > solving approval work puzzles is an expression of reputation. as a > result, this > means with reputation data from traffic analysis (i.e. which > addresses are the > source of lots of good messages), one can use a smaller proof of > work puzzle to > guarantee delivery for good sites and only guarantee it won't be > thrown away > sight unseen for neutral or bad sites. > > Might not seem like much but early experiments show promise. > > Bob, feel free to forward this to anyone you think should see it. > (not that I > could stop you :-) > > hope all is well. > > ---eric

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Re: [gsc] Fwd: Bitcoin P2P e-cash paper
by R.A. Hettinga 02 Nov '08

02 Nov '08

In re: <http://www.bitcoin.org/bitcoin.pdf> On Nov 2, 2008, at 12:27 PM, R.A. Hettinga wrote: > On Nov 2, 2008, at 9:52 AM, Patrick Chkoreff wrote: > >> That is a great paper. > > Shit. Now I have to read the damn thing. ------- :-) Kewl. Nice to see that someone's blown the cobwebs off the stuff that's out there, and done something interesting. So, one of the things I like is that it's got a distributed mint, kinda like Juels and Jakobsson's Breadpudding scheme for Shamir/ Rivest's Micromint. Not to mention a variant of Adam Back's Hashcash proof of work stuff. I've never been convinced by the Bayes-filter guys' incessant attacks on proof of work schemes like Eric Johansson's Camram, myself, though I've always been more interested in underwriting other things of value besides mere machine horsepower. :-). Looks like this is long-awaited step in the right direction. It's even got a shout out to Wei Dai's Crypto++ . It's like old home week around here. Cheers, RAH

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