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Article #600Re: Q: DigiCash & electronic money
From: Jonathan Edwards
Date: Wed, 15 Apr 1992 22:04
Date: Wed, 15 Apr 1992 22:04
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bs891@cleveland.Freenet.Edu (Robert Anderson) writes: >Apparently David Chaum is one of the main people involved. >I found a paper by him and 2 others in the Crypto 88 >proceedings which describes an electronic cash system that >sounds like what DigiCash is doing. >You go to the "bank", in this case DigiCash, and withdraw >money by offering a "blinded" random number for them to sign. >You can then unblind the number so that even the bank can't >recognize it, but you can still spend it by showing the >store the bank's signature. The store then sends the number >back to the bank and gets paid. >The really clever feature is that the bank can't recognize >the numbers as they come in from the stores in terms of who >withdrew them. That is, it can't unless you try to cheat and >spend the same number twice. Spending the money involves >going through a little protocol with the store owner, and >some randomness in the protocol ensures that if you do it >twice, you'll reveal enough information that the bank can >figure out who you are. Then they can sue you, or at least >shut your account down. This protocol was not described in Chaum's 1985 paper and I have been trying to figure out how he intended to prevent such counter- feiting. Can you please post or e-mail a reference to the paper wherein it is discussed?
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Newsgroups: sci.crypt Path: arc1-ca.pugleaf.net!sparky!uunet!wupost!darwin.sura.net!gatech!ukma!jedwards From: jedwards@ms.uky.edu (Jonathan Edwards) Subject: Re: Q: DigiCash & electronic money References: <1992Apr15.160734.3023@usenet.ins.cwru.edu> Message-ID: <1992Apr15.180425.8899@ms.uky.edu> Date: Wed, 15 Apr 1992 22:04:25 GMT Organization: University Of Kentucky, Dept. of Math Sciences Lines: 30