[Cryptography] Electronic currency revived after 20-year hiatus

Jerry Leichter leichter at lrw.com
Thu Aug 18 01:11:35 EDT 2016


> Not trying to make it seem magic. Just emphasizing that the approach is unique.
> 
There are many unique idea out there.
> > 1.  The Byzantine Generals problem was never considered unsolvable.  In fact, the very paper that introduced it also provided a solution.
> 
> I guess I should have added more detail.
> 
> All previous solutions required gatekeepers, because they all failed if the adversary could perform a Sybil attack (flood the network with nodes)....
> 
I'm not sure what problem you're describing, but it's not the Byzantine Generals problem.
                                                        -- Jerry

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