1993-11-19 - All our eggs in one basket?

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From: hughes@ah.com (Eric Hughes)
To: cypherpunks@toad.com
Message Hash: 6463a42e3db6cdac372022fe5ac22061bcb31ca7d557c201655a93446c643cf3
Message ID: <9311192220.AA06614@ah.com>
Reply To: <9311192122.AA24764@jobe.shell.portal.com>
UTC Datetime: 1993-11-19 22:21:58 UTC
Raw Date: Fri, 19 Nov 93 14:21:58 PST

Raw message

From: hughes@ah.com (Eric Hughes)
Date: Fri, 19 Nov 93 14:21:58 PST
To: cypherpunks@toad.com
Subject: All our eggs in one basket?
In-Reply-To: <9311192122.AA24764@jobe.shell.portal.com>
Message-ID: <9311192220.AA06614@ah.com>
MIME-Version: 1.0
Content-Type: text/plain


>If the bank sent
>you a coin and you claim you never got it (maybe you're telling the truth,
>maybe not), they can just send it again.  

In fact, if the bank signs a committment to give you a particular
coin, the bank can't claim to have never received your request.  For
high value transactions where timeliness is a concern, this prevents
the bank from claiming that they didn't get the original request and
thus making a "delay of service" attack against you.  Delay of service
is the denial of the service of timeliness.

Eric





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