17 Dec
2003
17 Dec
'03
11:17 p.m.
At 4:53 PM -0700 8/8/97, Kent Crispin wrote:>I didn't read the code, but it seems that the double spending
protection is just local to the recipient (ie, there isn't a trusted central clearinghouse that checks against double spending on a global basis). Thus, a spammer could calculate postage for a message, then send 100000 copies.
My understanding is that value of hashcash postage is imtimately involved with receptient email address, thus mass duplication is prohibited. --Steve