Author

Topic: How DigiCash Blew Everything (Read 3043 times)

sr. member
Activity: 280
Merit: 257
bluemeanie
June 10, 2013, 11:23:16 PM
#6
I think that's just a list of people whom Chaum had co-authored papers with.  He was an academic in Holland apparently.

Notice that list includes the same name twice, just different spellings.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
June 10, 2013, 02:36:15 PM
#5
http://dl.acm.org/author_page.cfm?id=81100121641&dsp=coll&trk=1&CFID=337805838&CFTOKEN=69023402

Quote
Collaborative Colleagues [of David L Chaum]:

Ben Adida
Josh Daniel Cohen Benaloh
G R Blakley
Jurjen N Bos
Joan F Boyar
Stefan A Brands
Gilles Brassard
Ernest F Brickell
Ren Bucholz
Richard T Carback
Jeremy Clark
John Conway
Claude Crépeau
Ivan Bjerre Damgård
D L Dill
Aleksander Essex
Jan Hendrik Evertse
Amos Fiat
Russell A Fink
Alex Florescu
Walter Fumy
Paul S Herrnson
Ben Hosp
Markus Jakobsson
Cees J A Jansen
David Randolph Jefferson
Douglas W Jones
John M Kelsey
Peter Landrock
W Lattin
Travis Mayberry
Stig Frode Mjølsnes
Tal Moran
Mridul Nandi
Moni Naor
Kazuo Ohta
Tatsuaki Okamoto
Meredith L Patterson
Torben Pryds Pedersen
René Peralta
Birgit Pfitzmann
Stefan Popoveniuc
Bart Preneel
Bart Preneel
Wyn L Price
Andrew R Regenscheid
Ronald Linn Rivest
G Roelofsen
Sandra Roijakkers
A D Rubin
Aviel David Rubin
Jan Rubio
Peter A Ryan
Peter Y A Ryan
Donald G Saari
Len Sassaman
Ingrid Schaumüller-Bichl
Steve Michael Schneider
Michael Ian Shamos
Emily Shen
Alan T Sherman
Adri G Steenbeek
Jeroen Van De Graaf
Eugène Van Heyst
J Vandewalle
Poorvi L Vora
M Yung
Filip Zagórski
Wiebren De de Jonge
Bert Den den Boer
Hans Van van Antwerpen
Eugene Van van Heijst
Jeroen Van De van de Graaf
sr. member
Activity: 280
Merit: 257
bluemeanie
June 10, 2013, 08:37:34 AM
#4
the famous Tulipomania incident:

Quote
Tulips were first grown in Western Europe in the middle of the sixteenth century. They were cultivated by Counsellor Herwart of Augsburg, a man famous for his collection of rare exotic plants. The bulbs were sent to Herwart by a friend from Constantinople, where the tulip had already been popular for a long time. (The word "tulip" is believed to originate from a Turkish word for turban.) In 1559 tulips were seen in Herwart's garden by Conrad Gesner who, in the following ten years, claims to have popularised them in Europe.

Tulips became sought after by the wealthy, especially in Holland and Germany - wealthy people in Amsterdam sent directly to Constantinople for bulbs, paying high prices for them. Bulbs arrived in England from Vienna in 1600.

The tulip's reputation grew to such heights that, by 1634, wealthy people who did not have a tulip collection were judged to have bad taste. Many learned men, including Pompeius de Angelis and the celebrated Lipsius of Leyden, the author of the treatise "De Constantia," were passionately fond of tulips.

An overwhelming desire to own tulips gripped the middle classes. Merchants and shopkeepers, even those with modest incomes, began to vie with each other for tulips - and in the preposterous prices they paid for them. A trader from Harlaem paid half of his life savings for a single bulb. He didn't buy for profit; he just wanted his friends to admire it.

http://www.thetulipomania.com/
sr. member
Activity: 280
Merit: 257
bluemeanie
June 09, 2013, 06:02:05 PM
#3
What's happening right now is the phenomenon has exploded to such an extent people are willing to listen to anyone.  It's dangerous to be involved really, people are going to lose big bucks on these scams and naturally anyone who is hanging around is going to be lumped in with these complete frauds.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 09, 2013, 05:23:21 PM
#2

In light of the various companies popping up recently- some of then obviously fraudulent scams... let's get a bit of perspective, shall we?

http://cryptome.org/jya/digicrash.htm

There is something very seductive about the promise of money that comes from nowhere, carries no responsibility, no national authority and thus cannot be said to cause violence(actually anonymous cash is probably responsible for more violence than the official kind).  Practically everyone has to manage personal debt so these vague promises of alternative money systems soothe some of the more unpleasant factors of life.

Quote
How DigiCash Blew Everything

In September 1998 the high-tech company DigiCash finally went bankrupt. The office in Palo Alto, California remained open for a while but it was merely a stay of execution.  Two months ago the company filed for Chapter 11.

Nobody realises, but with the "pending failure" of DigiCash, a bit of Dutch Glory died.  The company made a brilliant product.  Even Silicon Valley was jealous of the avant garde technology invented in the Amsterdam Science Park. Internet "guru" Nicholas Negroponte went so far as to call the electronic payment system, ecash1, "the most exciting product I have seen in the past 20 years." The rise and fall of DigiCash: a story of paranoia, idealism, amateurism and greed.
David Chaum

The name of one man stands out way above anyone else in the history of DigiCash: David Chaum, US citizen, born into a wealthy family, brilliant mathematician and one who had to always have things his own way2. After travelling around the world he ended up in Amsterdam in the late 80's.  Here, he became head of the cryptography department of the CWI (Centre of Mathematics and Information Science). Cryptography is the science of encoding and decoding of data, in order to maintain privacy. Chaum had built a big reputation in this field in the previous few years. Insiders estimated he was in the top 5 of the world at the time.

And at the CWI, they also worked on electronic payment systems. In the early 90s, Rijkswaterstaat3 became interested as they were thinking about introducing automatic toll-collection roads.  Chaum got together a few researchers, mainly from earlier contacts with the university of Eindhoven. All guys who knew each other through a "young researchers" programme sponsored by Philips. They had all spent their youth programming behind a computer. Enthusiastically they started, and within little over a week the job was done.

Origins of Satoshi
Well to be honest
https://github.com/ppcoin/ppcoin/wiki/History-of-cryptocurrency
sr. member
Activity: 280
Merit: 257
bluemeanie
June 09, 2013, 05:19:21 PM
#1

In light of the various companies popping up recently- some of then obviously fraudulent scams... let's get a bit of perspective, shall we?

http://cryptome.org/jya/digicrash.htm

There is something very seductive about the promise of money that comes from nowhere, carries no responsibility, no national authority and thus cannot be said to cause violence(actually anonymous cash is probably responsible for more violence than the official kind).  Practically everyone has to manage personal debt so these vague promises of alternative money systems soothe some of the more unpleasant factors of life.

Quote
How DigiCash Blew Everything

In September 1998 the high-tech company DigiCash finally went bankrupt. The office in Palo Alto, California remained open for a while but it was merely a stay of execution.  Two months ago the company filed for Chapter 11.

Nobody realises, but with the "pending failure" of DigiCash, a bit of Dutch Glory died.  The company made a brilliant product.  Even Silicon Valley was jealous of the avant garde technology invented in the Amsterdam Science Park. Internet "guru" Nicholas Negroponte went so far as to call the electronic payment system, ecash1, "the most exciting product I have seen in the past 20 years." The rise and fall of DigiCash: a story of paranoia, idealism, amateurism and greed.
David Chaum

The name of one man stands out way above anyone else in the history of DigiCash: David Chaum, US citizen, born into a wealthy family, brilliant mathematician and one who had to always have things his own way2. After travelling around the world he ended up in Amsterdam in the late 80's.  Here, he became head of the cryptography department of the CWI (Centre of Mathematics and Information Science). Cryptography is the science of encoding and decoding of data, in order to maintain privacy. Chaum had built a big reputation in this field in the previous few years. Insiders estimated he was in the top 5 of the world at the time.

And at the CWI, they also worked on electronic payment systems. In the early 90s, Rijkswaterstaat3 became interested as they were thinking about introducing automatic toll-collection roads.  Chaum got together a few researchers, mainly from earlier contacts with the university of Eindhoven. All guys who knew each other through a "young researchers" programme sponsored by Philips. They had all spent their youth programming behind a computer. Enthusiastically they started, and within little over a week the job was done.
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