1993-10-15 - Re: Detecting double-spending (long)

Header Data

From: an41418@anon.penet.fi (wonderer)
To: cypherpunks@toad.com
Message Hash: 576467fd5d712a820a4e7d579a294fd8092e947cf157c171f46153ed7686552a
Message ID: <9310152216.AA18612@anon.penet.fi>
Reply To: N/A
UTC Datetime: 1993-10-15 22:17:10 UTC
Raw Date: Fri, 15 Oct 93 15:17:10 PDT

Raw message

From: an41418@anon.penet.fi (wonderer)
Date: Fri, 15 Oct 93 15:17:10 PDT
To: cypherpunks@toad.com
Subject: Re: Detecting double-spending (long)
Message-ID: <9310152216.AA18612@anon.penet.fi>
MIME-Version: 1.0
Content-Type: text/plain


So, this method relies on trusting the bank? After all,
Alice must include her identity in the messages, so that
double spending can be detected later. When the bank 
verifies that it says 'Alice' and not 'Bozo', then it
could keep track of her coins.

Is this true? Is there a way of ever having an ananymous
cash system where the bank does not have to be trusted
at all? What I mean is, where the bank could not possible
know the identities of its customers under any circumstances
where no violation takes place?

Wonderer
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