delvingbitcoin

Ecash TIDES using Cashu and Stratum v2

Ecash TIDES using Cashu and Stratum v2

Original Postby EthnTuttle

Posted on: May 24, 2024 13:07 UTC

The discussion emphasizes the critical nature of prompt redemption by the receiver to mitigate the risk of a sender attempting to double spend in the context of electronic cash (ecash) transactions.

It highlights that during such transactions, the sender shares the root secret associated with the blinded signature, necessitating the receiver to act swiftly to redeem the value, even though these transfers can occur offline.

Furthermore, an important aspect mentioned is the share window concept introduced in the TIDES documentation. This concept pertains to the necessity for a constantly updating list of electronic hashes (ehash) that must be monitored by the pool. This mechanism ensures the integrity and tracking of transactions within the system, providing a safeguard against potential fraud or duplication by keeping an ongoing record of all ehashes in circulation.

Bitcoin Logo

TLDR

Join Our Newsletter

We’ll email you summaries of the latest discussions from authoritative bitcoin sources, like bitcoin-dev, lightning-dev, and Delving Bitcoin.

Explore all Products

ChatBTC imageBitcoin searchBitcoin TranscriptsSaving SatoshiBitcoin Transcripts Review
Built with 🧡 by the Bitcoin Dev Project
View our public visitor count

We'd love to hear your feedback on this project?

Give Feedback