From: Matts Kallioniemi <matts@pi.se>
Date: Wed, 22 May 1996 03:15:01 +0800
To: ecash@digicash.com
Subject: Re: The Crisis with Remailers
Message-ID: <2.2.32.19960521135644.00354324@mail.pi.se>
MIME-Version: 1.0
Content-Type: text/plain


At 15:34 1996-05-21 +0200, bryce@digicash.com wrote:
>Well how do we represent 0.01 U.S. Dollars in Mark Twain 
>Ecash(tm)?  Easy-- we take a few bits of data, interpret it as 
>an unsigned binary number, and then say "this number is how
>many U.S. pennies this coin is worth."

Now we're back to pennies again. I was more interested in your
earlier claim of tiny payments, on the order of $2^-32.

>Actually it can sometimes get more complicated than that, and 
>there are some details about how the forthcoming ecashlib 
>handles this to be found at "http://www.digicash.com/api".

Will the api make it possible to create coins of arbitrary value? Is
the mint software (and the bank accountants) capable of doing
floating point arithmetic?

Matts