Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
tx42
on 01/08/2014, 02:55:00 UTC

PoSA is entirely trustless and solves the Byzantine Generals problem.


The Byzantine Gernerals Problem relates to establishing a dependable protocol for communicating over an undependable channel.

1. The problem is specific to 2-way communication. There are absolutely no arrows returning to the sender in the flow chart


Read the arrow.  "Tells Joe to create a PoSA address and receive it from him."  So...he sent a message to Joe and Joe sent something back.  That sounds like 2-way communication.

Edit:  This also happens with PoSA node 1.  So your two-way communication appears to happen twice.

What? That has nothing to do with anon.

The problem of sending secret information over a clear channel was solved long ago. Google "Diffie-Hellman Key Exchange". You probably used it to log into your bitcointalk session today.

http://en.wikipedia.org/wiki/Diffie%E2%80%93Hellman_key_exchange