Re: Hash trees and bank solvency.

At 09:33 PM 1/27/96 -0800, James A. Donald wrote:

A hash tree can provide proof to a banks customers that the bank only has the amount outstanding that it claims to have, without the need for gunmen to check the totals.

Ask Eric Hughes (one of our founders) to describe his Open Books Protocol for you. You're a few years too late. DCF