Chaum's cash: backup?

James A. Donald jamesd at echeque.com
Sun Oct 22 22:53:26 PDT 1995


At 10:04 PM 10/22/95 -0700, Vladimir Z. Nuri wrote:
>say I download $1000 to my hard drive and it crashes. what to do?
>
>if it was like "real" cash, then it really would be lost.

It is really lost.

Your disk drive contains information the bank *cannot* know.

If you do not know that information either, you cannot prove to
the bank or anyone else that you rightfully possess a legitimate coin.


 ---------------------------------------------------------------------
              				|  
We have the right to defend ourselves	|   http://www.jim.com/jamesd/
and our property, because of the kind	|  
of animals that we are. True law	|   James A. Donald
derives from this right, not from the	|  
arbitrary power of the state.		|   jamesd at echeque.com







More information about the cypherpunks-legacy mailing list