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Ron Rivest Suggests Probability-Based Micropayments

Karl J. Smith writes "Rivest has solved the micropayments problem with encryption and statistics. You throw away some transactions so that you don't have to pay bank fees, and process the rest. Hiawatha Bray has written an article and Rivest's new company is PepperCoin."

6 of 335 comments (clear)

  1. PANTIES.COM IS A SHAM! by irc.goatse.cx+troll · · Score: -1, Offtopic

    I, as many avid young slashdot readers are, am a highly active member of the Panties Of the Month Club. With a catchphrase like .because lingerie is the gift that touches her when you can't. who wouldn.t be drawn into such an extravagant service?

    Well as I recently found out, this club is a SHAM. The entire thing is preselected an entire YEAR in advance, as shown here:
    January
    Feburary
    March
    April
    May
    June
    July

    August
    September
    October
    November
    December

    How can they lie to us like this you must be asking? I believe I have it all figured out. A simple whois returns

    Registrant:
    Lila Williams - Panty of theMonth (LA Williams (PANTIES-DOM)
    Rural Route 3 BOX 75-B
    Fairfield, IA 52556
    US

    Domain Name: PANTIES.COM

    What.s so special about that? A simple Google search links Lila Williams with 577 different counts of terrorism(.Searched the web for Lila Williams terrorist. Results 1 - 10 of about 577.)
    Those Israeli bastards are trying to hit us where our women are most sensitive . their vaginas.

    This post will get modded down, Please redistribute it to help spread the word. We cant let the terrorists get to our vaginas. You.re not anti-vagina, are you?
    FREE VAGINAS

    --
    Pain lasts, kid. Its how you know you're alive. Sometimes I think this growing up thing is just pain management-TheMaxx
    1. Re:PANTIES.COM IS A SHAM! by Anonymous Coward · · Score: -1, Offtopic

      I would like to take this opportunity to suggest that all FP-ers place the word "PANTIES" in all caps in the subject of their FP.

      It is much easier on the eyes ;)

  2. RPN by Anonymous Coward · · Score: -1, Offtopic

    I urge you all to try RPN today.

  3. Open source supports slavery by Anonymous Coward · · Score: -1, Offtopic

    As I've been perusing Slashdot, I've noticed that many compare Microsoft to an "Evil Empire" and Linux to righteous "rebels" similar to those in the Star Wars sagas. However, I believe they've got things back-asswards here. Linux is much more like the rebels of the dastardly Confederacy of Southern states during the American Civil War. Many Linux, BSD, and other "alternative" Operating System users are dirty, unshaven, and smelly, much like most of the South was at that time. Their support of their strange version of "user's rights" are similar to the cry for state's rights espoused by the Confederacy. Their contempt for Microsoft's power is similar to the South's dissatisfaction and resulting jealousy of the North's industrial and commerical power. However, the most important issue (although it wasn't the focus of that war, despite what revisionist historians tell you) is the slavery supported by the Open Source movement. Much like the South's use of negroes for slave labor, the Open Source movement seeks to force programmers to code without any hope of financial reward for their efforts. Zealots make ridiculous claims that writing software is some kind of labor of love and one can easily envision apologist plantation owners using to defend their own terrible abuse of basic human rights. Aren't software programmers people like the rest of us (although that point may be debated, I do think that the same people who consider them to be inferior, not fully developed humans will be proven as wrong as the people who said that about negroes in the past). It's also easy to liken Bill Gates to Abraham Lincoln, the honest father figure leading the software community through this crisis with the righteous might of Microsoft being similar to that of the Norther states. What's needed however is someone similar to John Brown, the righteous man who helped set off the powder keg that eventually liberated the American negro population. The continued abuse of computer programmers' rights must end now, Microsoft MUST triumph in this most important battle!

    1. Re:Open source supports slavery by Anonymous Coward · · Score: -1, Offtopic

      About 500 years ago, a
      guy named Martin Luther decided to translate the Bible into German, thus was
      born the Protestant revolution. The point being, that before this, if you were
      German and could not read Latin, you had to have a priest translate the words of

      God AKA the Bible.

      A Brit named William Tyndale had the same idea, he printed 50 copies of the
      Bible *in English*, the establishment was that shocked at this idea, they burnt
      him at the stake. Probably because they thought the idea of the common people
      having direct access to the 'holy writ' would lead to them thinking for
      themselves and having dangerous ideas.

      How like the current debate between open source and closed source this all
      sounds. Just substitute operating system for Bible, money for God, the stock
      market for the Holy Roman Empire and Bill Gates as the Pope and it all lines up!

  4. What's so difficult, people? by Kaz+Riprock · · Score: -1, Offtopic

    Is it too early in the morning for some of you?

    --
    Mordor...a magical, mythical land where women are more rare than dragons--but where every man would rather find a dragon