Security Protocols

Volume 1189 of the series Lecture Notes in Computer Science pp 89-92


Transactions using bets

  • David WheelerAffiliated withComputer Laboratory, University of Cambridge

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Small cash transactions, electronic or otherwise, can have their overhead costs reduced by Transactions Using Bets (TUB), using probablistic expectation (betting) as a component. Other types of protocols may also benefit from this idea.