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Re: the cost of untracability?
At 7:42 PM 4/12/96 -0400, E. ALLEN SMITH wrote:
>From: IN%"[email protected]" "Wei Dai" 7-APR-1996 10:52:52.30
>
>>I think you're right. There is no need for the issuer to pay explicit
>>interest. The easiest way to eliminate signorage would be to steadily
>>increase the value of each denomination of ecash. ...
>
> Another method would be for ecash to have a label on it as to when the
>issuer would redeem it. Until then, if you want cash from it, find someone else
>to trade to. ...
And if you are using a "first to clear gets the money" system like
Digicash, the holders can race to see who gets the money.
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