Digital Cash
Mikolaj Habryn
dichro at tartarus.uwa.edu.au
Sat Mar 26 05:10:55 PST 1994
Just a thought on ways to deter all of this multiple spending
gunk - when you start off, have a centralized bank server. While traffic
is low, you can have each individual certificate cleared with the bank
server upon creation and execution. After that, things start getting
tricky. Maybe a network of bank servers linked by high priority internet
links (i don't suppose there really is such a thing, but this is
dreamland, after all). This would mean that to cash a certificate more
than once would require very fast and accurate timing, and if you combine
this with a fairly low upper limit for certificate value, it becomes a
waste of time try.
Oh well. Just my A$0.02.
MJH
* * Mikolaj J. Habryn
dichro at tartarus.uwa.edu.au
* "Life begins at '040."
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* "Spaghetti code means job security!"
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