Re: Bitcoin P2P e-cash paper

2008-11-10 Thread Satoshi Nakamoto
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'

Re: Bitcoin P2P e-cash paper

2008-11-10 Thread James A. Donald
-- > 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 >>

Re: voting by m of n digital signature?

2008-11-10 Thread dan
"James A. Donald" writes: -+--- | 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