From: Ximin Luo <infini...@gmx.com>
Date: Wed, 17 Oct 2012 09:23:18 -0700
Local: Wed, Oct 17 2012 12:23 pm
Subject: Re: [london-hack-space] Mintcoin?
Without reading too much into it, it sounds nothing like BitCoin.
BitCoin is a (as-good-as) decentralised system backed by the mathematics of time; MintChip claims to be "backed by the Canadian government" etc which probably means it's a highly centralised system with root keys like SSL. X
On 17/10/12 08:43, Bernard Tyers - ei8fdb wrote:
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> Hash: SHA1 > Ahem, its called MintCHIP, not MintCoin. Brain freeze.
> On 17 Oct 2012, at 16:41, Bernard Tyers - ei8fdb wrote:
>> Has anyone heard of Mintcoin? It seems to be "similar" to the Bitcoin idea. (Please don't start a flamewar about it not being like Bitcoin.)
>> "MintChip is based on two technical propositions: the creation of secure integrated circuit chips to hold electronic value and a secure protocol that allows the transfer of value from one chip to another and ensures the integrity of the MintChip system. It operates without the need for personal identification, thereby maintaining the user’s privacy."
>> http://mintchipchallenge.com/details/faq
>> I heard about it at a talk today and was surprised it even existed.
>> Anyone heard of it?
>> thanks,
> - --------------------------------------
> IO91XM / www.ei8fdb.org
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