The "What is Money?" Show cover image

Bitcoin and Near-Perfect-Privacy with Obi Nwosu (WiM241)

The "What is Money?" Show

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How to Destroy Ecash Tokens

Only the person who deposit on the Bitcoin address would be aware of that secret. This triggers another B Chami Nikesh operation to mint a certain and equivalent number of Ecash tokens. The chance that someone could guess that secret is infeasibly small. So it's likely to be the same person or someone else that person knowingly gave the secret to someone would be able to collect that.

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