[gsc] Fwd: Bitcoin P2P e-cash paper

[R.A. Hettinga]

In re: <http://www.bitcoin.org/bitcoin.pdf>

On Nov 2, 2008, at 12:27 PM, R.A. Hettinga wrote:

> On Nov 2, 2008, at 9:52 AM, Patrick Chkoreff wrote:
>
>> That is a great paper.
>
> Shit. Now I have to read the damn thing.

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:-)

Kewl. Nice to see that someone's blown the cobwebs off the stuff  
that's out there, and done something interesting.


So, one of the things I like is that it's got a distributed mint,  
kinda like Juels and Jakobsson's Breadpudding scheme for Shamir/ 
Rivest's Micromint.

Not to mention a variant of Adam Back's Hashcash proof of work stuff.  
I've never been convinced by the Bayes-filter guys' incessant attacks  
on proof of work schemes like Eric Johansson's Camram, myself, though  
I've always been more interested in underwriting other things of value  
besides mere machine horsepower. :-). Looks like this is long-awaited  
step in the right direction.

It's even got a shout out to Wei Dai's Crypto++ .

It's like old home week around here.


Cheers,
RAH