...which I do. I thought I'd made that clear.
While I don't yet have a document describing exactly how it works, the
essence is that high-value hashcash can be replaced by a low-value
hashcash combined with a whitelisted signature. The signature is also
included with high-value hashcash tokens so that whitelists can be
built
easily. The required hashcash value for return mail is indicated by
another header.
CAMRAM proposes to do something like this. Their whitelists are based
on signatures.
btw I've been working on an extensible v1 hashcash format, and your
comments about hashing sigs also occurred to me in that context. See
thread on apr 18-19 on:
http://news.gmane.org/gmane.mail.spam.hashcash