Chapter

Security Protocols

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

Date:

Transactions using bets

  • David WheelerAffiliated withComputer Laboratory, University of Cambridge

Abstract

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.