This is a quote from the book "B-Money" by Wei Dai
...br /> The protocol proposed in this article allows untraceable pseudonymousentities to cooperate with each other more efficiently, by providing themwith a medium of exchange and a method of enfo
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.
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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...