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Re: extortion via digital cash
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In article <9610151846.AA00586@ch1d157nwk>,
Andrew Loewenstern <[email protected]> wrote:
>Some of the cut-n-choose protocols for after-the-fact catching of double
>spenders would prevent this from happening. Because the proto-coins from the
>extortionist are blinded and the extortionee can't remove the blinding, it
>would be impossible for the extortionee to properly complete the protocol with
>the bank and pay-off the extortionist.
If you had Pipenet, or some other real-time anonymous communication system,
the extortionee could still carry out the cut-and-choose protocol by passing
the bank's requests for unblinding back to the extortionist.
- Ian
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