The journey from the BANCOR to SDR to BitGold .. to Satoshi Project (via NSA)??
Salvi Salvatore Vicidomini
Technical Writer of BOOK: VanGELO Assoluto. at #VanGELOassoluto BY SalvatoreVICIDOMINI??{Dep.109596 (CC BY-NC-SA 4.0)}??
The journey from the BANCOR to SDR to BitGold .. to Satoshi Project (via NSA)??
Satoshi Project -- https://www.researchgate.net/publication/352707033
?
HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH.
L. Law, S. SAbett, J. Solinas.
This research Essay was prepared by NSA employees in furtherance of the study of cryptography. The contents of the report do not necessarily represent the position or policies of the U.S. Government, the Department of Defense, or the National Security Agency.
The authors are mathematical cryptographers at the National Security Agency's Office of Information Security Research and Technology.
......................................
This Essay focuses on electronic cash.
As the name implies, electronic cash is an attempt to construct an electronic payment system modelled after our paper money system.
Paper money has such features as: portability (easily carried); recognizability (as legal tender), and thus readily acceptable; transferability (without involvement of the financial network); untraceability (no record of where money is spent); anonymity (no record of who spent the money); and the ability to make "change."
The designers of electronic cash focused on preserving the features of untraceability and anonymity.
Thus, electronic cash is defined to be an electronic payment system that provides, in addition to the above security features, the properties of user anonymity and payment untraceability.
Electronic cash schemes that use digital signatures {1. Editors' Note: Fora thoughtful discussion of digital signatures, see Randy V. Sabett, International Harmonization in Electronic Commerce and Electronic Data Interchanga A Prposed I-rst} to achieve security and anonymity are worrisome from a law enforcement perspective because of the anonymity feature.
In particular, the dangers of money laundering and counterfeiting with electronic cash are potentially far more serious than with paper money.
The widespread use of electronic cash would increase the vulnerability of the national financial system to "information warfare" attacks.
This Essay discusses measures to manage the risks associated with electronic cash; these safeguards, however, will have the effect of limiting user anonymity.
领英推荐
...........................
In conclusion, the potential risks in electronic commerce are magnified when anonymity is present.
Anonymity creates the potential for large sums of counterfeit money to go undetected by preventing identification of forged coins.
Anonymity also provides an avenue for laundering money and evading taxes that is difficult to combat without resorting to escrow mechanisms.
Anonymity can be provided at varying levels, but increasing the level of anonymity also increases the potential damages.
It is necessary to weigh the need for anonymity with these concerns.
It may well be concluded that these problems are best avoided by using a secure electronic payment system that provides privacy, but not anonymity.
?
---PUBLICAL SOURCES---
?