It's a *very* nifty idea. I saw Ron Rivest's presentation on it at RSA 2002 - the powerpoint is here:
http://theory.lcs.mit.edu/~rivest/MicaliRivest-MicropaymentsRevisited.ppt and the actual paper (a bit technical) is here: http://theory.lcs.mit.edu/~rivest/MicaliRivest-MicropaymentsRevisited.pdf later Alan -- Alan Macdougall, E-Commerce Strategy Team The National Bank of New Zealand Ltd <http://www.nationalbank.co.nz> > -----Original Message----- > From: [EMAIL PROTECTED] [SMTP:[EMAIL PROTECTED]] > Sent: Thursday, February 20, 2003 9:58 AM > To: [EMAIL PROTECTED]; [EMAIL PROTECTED]; > [EMAIL PROTECTED] > Subject: Re: Solving the problem of micropayments > > Great idea. It uses nothing more than what we all learned in high school > math (except for the part about securing the coins). > > Alan This communication is confidential and may contain privileged material. If you are not the intended recipient you must not use, disclose, copy or retain it. If you have received it in error please immediately notify me by return email and delete the emails. Thank you.