[Lucrative-L] lucrative accounts revisited

[R. A. Hettinga]

At 11:09 AM -0400 4/24/03, Patrick Chkoreff wrote:
>I expect my scheme will be slapped down 
>forthwith.  :-)

<Baff-Baff> :-)

Again, the *only* thing you need to prevent double-spending is a copy of the spent coins. Period.

Anything else costs money.

Transaction cost is everything.

Cheers,
RAH

-- 
-----------------
R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
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experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'