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Re: Tense visions of future imperfect
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>What the bank does is keep a list of all spent serial numbers,
not all
>issued ones (since it doesn't know those). That way it can
detect double
>spending.
Correct me if I'm wrong: It means that the weakest point of the
digital
cash chain is the server. If the server's database is tampered
with, or lost,
then, the double-spending can be done (in case of loss, if ever
the server is put
back online)
Does that means that for all practical purposes, a server
should be run from a
vault with security comparable to a big money repository?
JFA
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