> > Yes, but the probability of it being significantly worse than I claimed > > (i.e., by more than a factor t) is exponentially small (in t). One can > > easily calculate concretely exactly what the risk curve looks like. > > I'll spare everyone the details and just say that I see no reason why > > this should be a showstopper in practice. > > Actually I think it may be a showstopper in practice for rather > different reasons -- people's behaviour when exposed to risks is rather > odd.
There is no risk for the user in the new schemes (which is what Peppercoin is developing)! Read the paper and/or presentation Zulfikar referenced in his post. The risk is for the Bank. --Anton --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to [EMAIL PROTECTED]