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Magic Money -> Chaum Cash

2 expanded posts ยท every known parent and child

NODE c3c07971Magic Money -> Chaum Cash
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Ok, let's try this one more time... Based on Eric's long and mathematical
explanation, which I did not fully understand and was therefore convinced
by, I have changed the program to use full Chaum cash. It takes the 16-byte
random number, takes its MD5, and stores the MD5 in the coin. The coin is
now a triple (id,e,mpi) and the bank never sees id when blind-signing the
coin, thus preserving anonymity.

I sent this new version to csn.org as mgmny10c.zip. I haven't had a chance
to update the manual or the comments in the code, but it does seem to work.
At least, I was able to mint coins and cycle them through the server a few
times, so the basic coin cycle seems to work. Please check it out, on
machines of both endians, and let me know what happens.

                                                 Pr0duct Cypher

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NODE 40520c92Magic Money -> Chaum Cash
>Based on Eric's long and mathematical
>explanation, which I did not fully understand and was therefore convinced
>by, 

An example of reputation-based proof by obscurity.

I hope the main point came out, though.  There are lots of parameters
to pick from, and therefore lots of attacks can be contemplated.

>I have changed the program to use full Chaum cash. 

Be careful when you say this.  Chaum has worked on lots of cash
protocols.  Better to say that you're now using a non-multiplicative
signature.

Eric