Whoa, now... (was Re: Digital Cash)

Mike Duvos mpd at netcom.com
Sat Mar 26 16:32:42 PST 1994

> :From: "James G. Speth" <december at end.end.com>

> :In fact, he began this thread by citing someone who was talking about using
> :an obscured algorithm to prevent digital cash double spending.  (ie. If you
> :can't get to the algorithm, you can't cheat the system.)  His comments were
> :on the dangers of relying on this.

If I may make a small correction here, I suggested a tamperproof software 
module could be used in an offline system to process transactions in a 
way which prevented "ANONYMOUS double spending".  This is not the same as 
preventing double spending, although in a system where reputations 
matter, it has a certain deterrent effect.

> :That's the point.  Mikolaj was _never_ referring to cryptographic security.
> :He was pointing out how security through obscuring algorithms can never be
> :considered reliable.

Obscuring the operation of an algorithm inside a tamperproof module isn't
security through obscurity any more than obscuring plaintext by
encipherment is security through obscurity.  

     Mike Duvos         $    PGP 2.3a Public Key available    $
     mpd at netcom.com     $    via Finger.                      $

More information about the cypherpunks-legacy mailing list