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Time-lock puzzles and timed-release crypto
, 1996
"... 1 Introduction Our motivation is the notion of "timed-release crypto, " where the goal is to encrypt a message so that it can not be decrypted by anyone, not even the sender, until a pre-determined amount of time has passed. The goal is to "send information into the future. " Thi ..."
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1 Introduction Our motivation is the notion of "timed-release crypto, " where the goal is to encrypt a message so that it can not be decrypted by anyone, not even the sender, until a pre-determined amount of time has passed. The goal is to "send information into the future. " This problem was first discussed by Timothy May [6]. What are the applications of "timed-release crypto"? Here are a few possibilities (some due to May):
