[45222] in Cypherpunks
Re: More FUD from First Virtual [NOISE]
daemon@ATHENA.MIT.EDU (David A Wagner)
Tue Dec 12 00:39:20 1995
Date: Mon, 11 Dec 1995 17:15:49 -0500
To: cypherpunks@toad.com
From: daw@bamako.CS.Berkeley.EDU (David A Wagner)
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In article <0kn1Q6CMc50e02irtU@nsb.fv.com>,
Nathaniel Borenstein <nsb@nsb.fv.com> wrote:
> It's fundamentally different because FV (unlike all the other systems,
> to my knowledge) is a "closed loop" financial instrument.
[ ... FV is inherently harder to crack than systems which actually
use encryption, etc. etc., NB claims ... ]
Is it just me, or does this sound like a challenge?
Personally, I'd much rather see a true e-cash system (like Digicash's)
succeed than some pay-by-cleartext-email non-anonymous system.
Maybe Sameer will create a Hack FV page :-)
Or maybe NB will offer a $1000 bug bounty to anyone who can successfully
forge a transaction in FV's system (since it's so foolproof)...
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