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A comment on Webcash: Peer-to-peer electronic cash with no blockchain.

Re:Webcash: Peer-to-peer electronic cash with no blockchain by rvz on Sunday July 31, 2022 @09:09AM (#32295260)
> The central server helps webcash wallets detect double-spending and ensure the integrity of the monetary supply according to the supply schedule.

How would it work if the central server eventually goes down? Would the payments be in a pending state until it goes back up?

[ Parent | on HN ]
Re:Webcash: Peer-to-peer electronic cash with no blockchain by kanzure on Sunday July 31, 2022 @09:14AM (#32295280)
The system mostly relies on the central server staying online. Technically, though, users make payments by copy/pasting webcash to each other, which can still happen even if the server is offline. When the server is offline they won't be able to check for double spending and they won't be able to tell the server to refresh any secrets.
[ Parent | on HN ]