1995-08-24 - Shared secrets, virtual corporations

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From: Mike Ingle <inglem@adnetsol.com>
To: cypherpunks@toad.com
Message Hash: e25f28f4f9140e17cff0080ebefed73c166126c3288ffc171f2ca889f8f713d4
Message ID: <199508240628.XAA00538@cryptical.adnetsol.com>
Reply To: N/A
UTC Datetime: 1995-08-24 06:29:09 UTC
Raw Date: Wed, 23 Aug 95 23:29:09 PDT

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From: Mike Ingle <inglem@adnetsol.com>
Date: Wed, 23 Aug 95 23:29:09 PDT
To: cypherpunks@toad.com
Subject: Shared secrets, virtual corporations
Message-ID: <199508240628.XAA00538@cryptical.adnetsol.com>
MIME-Version: 1.0
Content-Type: text/plain


< Collective holding of signer keys >

There are protocols that allow a group of people to collectively hold a
key. A message is passed down the line, each person in turn operating
on it, and at the end it has been signed. In this way the board of
directors can sign a message without any one person having the key.

These protocols can probably be combined with a secret-sharing system,
so that a message can be signed if a certain percentage of the
key-share holders collaborate. This allows voting, with the object of
the vote getting signed only if >50% vote for it.

Taking a share away from someone is a bit of a problem. If someone
needs to lose his voting privileges, you probably have to generate a
new key and sign it with the old one, then revoke the old one.

						Mike




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