[Cryptography] Preventing co-op notary defection

[Ben Laurie]

On 1 July 2014 16:19, Phillip Hallam-Baker <phill at hallambaker.com> wrote:
> So here is my alternative, a co-op notary which operates under rules that
> are designed to make it coercion proof after some time t which is
> sufficiently close to the current time (i.e. no more than one to 24 hours
> behind depending on taste).

Isn't this essentially what I proposed here:
http://www.links.org/files/distributed-currency.pdf?