[3674] in WWW Security List Archive

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Re: anonymous e-cash

daemon@ATHENA.MIT.EDU (Darren Cook)
Tue Dec 3 23:23:45 1996

To: www-security@ns2.rutgers.edu
From: darren@factcomm.co.jp (Darren Cook)
Date: Wed, 4 Dec 1996 10:58:35 +0900
Errors-To: owner-www-security@ns2.rutgers.edu

>I work for a bank, and I am doing independent research at ASU.
>I am trying to come up to speed on Web security issues.  After
>many long hours of reading definitions etc., I am confused by
>the Internet Payment ads that describe e-cash as "totally anonymous."
>
>QUESTION:  How can a sender be totally anonymous to the receiver,
>especially when the receiver needs to return a response?  The
>"note" can be disguised with blinding, but how can the sender's
>IP address be disguised?

AFAIK you cannot disguise the IP address, though an IP address only says
what machine you sent from, not who you are.

I think e-cash is only intended to be as anonymous as real cash. If I pay
for something in a shop the shopkeeper sees my face, and maybe knows who I am.

I suppose he could jot down the serial number on the note and my name each
time (plausible if the shopkeeper is a computer), and when he uses it to pay
for something, he could tell the next person this information. That person
would then have to track that: "I got this note from X who got in from Y". 
But I fail to see why anyone would bother.

Darren


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