James A. Donald wrote:
> Furthermore, it cannot be made to work, as in the
> proposed system the work of tracking who owns what coins
> is paid for by seigniorage, which requires inflation.
If you're having trouble with the inflation issue, it's easy to tweak it for
transaction fees instead. It'
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> James A. Donald wrote:
>> OK, suppose one node incorporates a bunch of
>> transactions in its proof of work, all of them honest
>> legitimate single spends and another node
>> incorporates a different bunch of transactions in its
>> proof of work, all of them equally honest legitimate
>>
"James A. Donald" writes:
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| Is there a way of constructing a digital signature so
| that the signature proves that at least m possessors of
| secret keys corresponding to n public keys signed, for n
| a dozen or less, without revealing how many more than m,
| or whic