Do not start sentense with lowercase k
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@ -277,19 +277,20 @@ Chaum's original digital cash system~\cite{chaum1983blind} was
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extended by Brands~\cite{brands1993efficient} with the ability to {\em
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extended by Brands~\cite{brands1993efficient} with the ability to {\em
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divide} coins and thus spend certain fractions of a coin using
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divide} coins and thus spend certain fractions of a coin using
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restrictive blind signatures. Restrictive blind signatures create
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restrictive blind signatures. Restrictive blind signatures create
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privacy risks: if a transaction is interrupted, then any coins sent to
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privacy risks: if a transaction is interrupted, then any coins sent
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the merchant become tainted, but may never arrive or be spent. It
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to the merchant become tainted, but may never arrive or be spent.
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becomes tricky to extract the value of the tainted coins without
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It becomes tricky to extract the value of the tainted coins without
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linking to the aborted transaction and risking deanonymization.
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linking to the aborted transaction and risking deanonymization.
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Ian Goldberg's HINDE system allowed the merchant to provide change,
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Ian Goldberg's HINDE system allowed the merchant to provide change,
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but the mechanism could be abused to hide income from
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but the mechanism could be abused to hide income from
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taxation.\footnote{Description based on personal communication. HINDE
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taxation.\footnote{Description based on personal communication. HINDE
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was never published.} $k$-show
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was never published.}
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signatures~\cite{brands1993efficient} were proposed to achieve
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In \cite{brands1993efficient}, $k$-show signatures were proposed to
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divisibility for coins. However, with $k$-show signatures multiple
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achieve divisibility for coins. However, with $k$-show signatures
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transactions can be linked to each other. Performing fractional
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multiple transactions can be linked to each other.
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payments using $k$-show signatures is also rather expensive.
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Performing fractional payments using $k$-show signatures is also
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rather expensive.
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%
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%
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%Some argue that the focus on technically perfect but overwhelmingly
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%Some argue that the focus on technically perfect but overwhelmingly
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