A cryptographic alternative to escrow agents (Matts' half coin)

[E. ALLEN SMITH]

From:	IN%"unicorn at schloss.li"  "Black Unicorn" 18-MAY-1996 11:46:08.35

>The mint is the escrow agent.  It still (obviously) needs to be trusted.

	The mint will need to be trustworthy anyway; otherwise, you can get a
"final round" problem in which they print up lots of ecash and spend it before
the value completely plummets, or they get lots of requests to cash existing
ecash in.
	-Allen