This is a quote from the book "B-Money" by Wei Dai
...rcing contracts. Theprotocol can probably be made more efficient and secure, but I hope thisis a step toward making crypto-anarchy a practical as well as theoreticalpossibility.


Appendix A: alternative b-money creation

One of the more problematic parts in the b-money protocol is moneycreation. This part of the protocol requires that all of
the accountkeepers decide and agree on the cost of particular computations.Unfortunately because computing technology tends to advance rapidly andnot always publicly, this information may be un...
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