Re: The Crisis with Remailers

At 15:34 1996-05-21 +0200, bryce@digicash.com wrote:

Well how do we represent 0.01 U.S. Dollars in Mark Twain Ecash(tm)? Easy-- we take a few bits of data, interpret it as an unsigned binary number, and then say "this number is how many U.S. pennies this coin is worth."

Now we're back to pennies again. I was more interested in your earlier claim of tiny payments, on the order of $2^-32.

Actually it can sometimes get more complicated than that, and there are some details about how the forthcoming ecashlib handles this to be found at "http://www.digicash.com/api".

Will the api make it possible to create coins of arbitrary value? Is the mint software (and the bank accountants) capable of doing floating point arithmetic? Matts