5 ms·
This sounds a lot like David Chaum's eCash of the 90s. You transfer ordinary money into a Taler account in a Taler bank and transfer them to other Taler account
by limmeau 11y ago
This sounds a lot like David Chaum's eCash of the 90s. You transfer ordinary money into a Taler account in a Taler bank and transfer them to other Taler accounts, and from there to ordinary money. That's unlike Bitcoin in pretty much every respect.
It takes some courage to make a crypto-payment protocol explicitly taxation-friendly, but they claim the tax man only gets to see the amounts, not the identities. What a pity the design doc isn't yet on their website.
And I hope the eCash patents have expired...
- Someone 11y agoFor those who don't know about DigiCash: http://www.chaum.com http://www.chaum.com http://cryptome.org/jya/digicrash.htm http://cryptome.org/jya/digicrash.htm https://en.m.wikipedia.org/wiki/David_Chaum https://en.m.wikipedia.org/wiki/David_Chaum http://www.hit.bme.hu/~buttyan/courses/BMEVIHIM219/2009/Chaum.BlindSigForPayment.1982.PDF http://www.hit.bme.hu/~buttyan/courses/BMEVIHIM219/2009/Chau...