Re: [Asrg] POSTAGE publish or perish, was The fundamental misconception

[John Levine <johnl at taugh.com>]

>> >the 1000 recipient stamps.  Each of the 1000 recipients recognize
>> >a coin wrapped in their own stamp and opens the coin and attempts
>> >to redeem it with the bank, which only redeems the first such coin,
>> >but is alerted to attempted fraud and revokes the sender's account.
>>
>> OK, that sounds like the usual micropayment token cancelling
>> bottleneck that nobody knows how to scale.
>>
>Actually, micropayment cancelling isn't the part of the story I'm
>advocating, I'm advocating for a standard for transmission of coins.

If you've figured out a way to deter double spending without
cancelling the spent coins, I know a lot of people who'd like to hear
about it.

So anyway, whatever it is you propose to do, please write it up.

R's,
John
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