[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Fate of Ecash if RSA is cracked?

To: [email protected] (Igor Chudov)
Subject: Re: Fate of Ecash if RSA is cracked?
From: [email protected] (Greg Miller)
Date: Mon, 03 Jun 1996 05:04:35 GMT
Cc: [email protected]
In-Reply-To: <[email protected]>
References: <[email protected]>
Reply-To: [email protected]
Sender: [email protected]

On Sun, 2 Jun 1996 17:42:49 -0500 (CDT), you wrote:

>What would happen with all ecash that's been issued? Of course
>criminals would be able to forge large amounts of authentic-looking
>ecash, so banks should not be honoring requests to convert e-cash into
>real cash.

	As I understand it, ecash shouldn't be withdrawn until shortly before it
is spent.  If the RSA algorithm is broken, then then banks could refuse the
withdrawal (and depositing) of money as ecash.  The remainder of the money in
each users' account would have to be withdrawn through conventional methods.

	Of course all the outstanding (between withdrawl and deposit) ecash
could be a problem.
"Randomness is in the eye of the beholder" --Numerical Recipes
[email protected] (Greg Miller)
http://grendel.ius.indiana.edu/~gmiller/

References:
- Fate of Ecash if RSA is cracked?
  - From: [email protected] (Igor Chudov @ home)

Prev by Date: Re: NRC Session Hiss
Next by Date: Re: Fate of Ecash if RSA is cracked?
Prev by thread: Re: Fate of Ecash if RSA is cracked?
Next by thread: Re: Fate of Ecash if RSA is cracked?
Index(es):
- Date
- Thread