cryptoanarchy.wiki

Arise, you have nothing to lose but your barbed wire fences!

1996-05-23 - ecash representation

Header Data

From: “Perry E. Metzger” <perry@piermont.com>
To: cypherpunks@toad.com
Message Hash: 79210e1485333b5cfa40e7ede75492322058a42a2fc7250634ac5e90f4f80c87
Message ID: <199605221908.PAA23731@jekyll.piermont.com>
Reply To: N/A
UTC Datetime: 1996-05-23 02:20:57 UTC
Raw Date: Thu, 23 May 1996 10:20:57 +0800

Raw message

From: "Perry E. Metzger" <perry@piermont.com>
Date: Thu, 23 May 1996 10:20:57 +0800
To: cypherpunks@toad.com
Subject: ecash representation
Message-ID: <199605221908.PAA23731@jekyll.piermont.com>
MIME-Version: 1.0
Content-Type: text/plain



In my last article, I slightly screwed up.

A signed 32 bit fixed point number, with two places of precision (less
than you need when calculating things like interest and what have you,
but lets be generous) has a maximum representation of even less than I
off the cuffed -- a mere 21,474,836.48. This is hardly sufficient for
accounting. However, floating point is even less useful.

.pm

Thread