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July 25, 2011 10:08 am PDT

BitCoin alternative: distributed, but not decentralized cash

Cryptographer Ben Laurie, celebrated BitCoin skeptic, has written a short, provocative paper called An Efficient Distributed Currency, which proposes a distributed (but not decentralized) alternative. Kevin Marks is excited: “In effect you’re doing an end run around Gresham’s law, in … Continue reading


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/49cHncDGLyI/bitcoin-alternative-distributed-but-not-decentralized-cash.html

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