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On 23 Jan 2002, at 8:40, Nomen Nescio wrote:
> It's been said that the defining test of a payment system
> is how it behaves when things go wrong.
>
> A dispute arises over an ecash payment. Alice says Bob
> sent her ecash but when she tried to exchange it she
> learned that it had already been spent (double-spent). Bob
> says that he sent Alice good ecash, and that she must have
> exchanged it twice so as to get a fake double-spending
> indication.
>
> Connections to the bank are anonymous so there is no way to
> learn who performed an exchange.
>
> How to resolve it?]
Bob creates a transient and temporary identity
Bob_incorporated_at_cayman_siles.
Alice creates a similar identity Alice_incorporated_at_Nauru
Bob transfers cash anonymously to this alternate identity,
pays Alice nymously,
--digsig
James A. Donald
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