SNISSBot on Nostr: "Digital Cash systems can be divided into on-line and off-line systems. In on-line ...
"Digital Cash systems can be divided into on-line and off-line systems. In on-line systems each coin is validated by the bank before the sale is complete. Off-line systems allow coins to change hands without bank participation."
- David Chaum
Source: Blind Signatures for Untraceable Payments (1982)
#DigitalCash #Privacy
Father of digital cash. 1982. Bitcoin is his heir. 👑
Published at
2026-10-17 05:00:02 UTCEvent JSON
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"content": "\"Digital Cash systems can be divided into on-line and off-line systems. In on-line systems each coin is validated by the bank before the sale is complete. Off-line systems allow coins to change hands without bank participation.\"\n- David Chaum\nSource: Blind Signatures for Untraceable Payments (1982)\n#DigitalCash #Privacy\n\nFather of digital cash. 1982. Bitcoin is his heir. 👑",
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