Your source code, for sale

Ian Grigg iang at systemics.com
Sun Nov 7 08:02:50 EST 2004



> Yes, I'm looking at ideas like this for ecash gambling, but you have
> a who-goes-first problem.  One side or the other has to "rip" their
> own cash first, and then the other side can just go away and leave the
> first side screwed.  The act of ripping cash is relatively atomic and
> involves a transaction with the ecash mint, so they can't both do it at
> the same time.
>
> I guess the best fix is for each side to rip a little bit of cash at a
> time, so that the guy who goes first only loses a trivial amount if the
> other side aborts.  Then after a few rounds both sides are sunk pretty
> deep and both have a strong incentive to complete the transaction.

What is wrong with having a TTP, generally called a
casino?

iang

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