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Transactions using bets

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Security Protocols (Security Protocols 1996)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 1189))

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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.

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References

  1. Micromint, Ronald L. Rivest and Adi Shamir, This Volume.

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  2. “Heads I win, tails you lose”, Economist June 13 1992 p84.

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Author information

Authors and Affiliations

  1. Computer Laboratory, University of Cambridge, England

    David Wheeler

Authors
  1. David Wheeler
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Editor information

Mark Lomas

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© 1997 Springer-Verlag Berlin Heidelberg

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Wheeler, D. (1997). Transactions using bets. In: Lomas, M. (eds) Security Protocols. Security Protocols 1996. Lecture Notes in Computer Science, vol 1189. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-62494-5_7

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  • DOI: https://doi.org/10.1007/3-540-62494-5_7

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-62494-3

  • Online ISBN: 978-3-540-68047-5

  • eBook Packages: Springer Book Archive

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