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!! Fair Exchange Protocol
A fair exchange protocol is based on trade. As an example suppose [Alice] and [Bob], who wish to [trade] (perhaps [cryptographic]) "items" somehow.
However, you run into a problem:
* suppose Alice sends her item to Bob
* but Bob then refuses to send his item to Alice.
In that case, it is not a fair exchange: Bob got Alice's item, but Alice got nothing in return.
Fair Exchange Protocols seek to ensure that scenario never happens. Either they both get each other's "item" or they both get nothing.
This page (revision-4) was last changed on 29-Nov-2024 16:16 by -jimTop