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bit commitment Problem: Alice wants to sell Bob information regarding police informants within his Mafia empire. Alice doesnt trust Bob enough to tell him the rats without getting paid first they might suddenly disappear). Bob thinks that the deal is a police setup and won' t give her the money until she commits to names9 bit commitment Problem: • Alice wants to sell Bob information regarding police informants within his Mafia empire. • Alice doesn’t trust Bob enough to tell him the rats without getting paid first (they might suddenly disappear). • Bob thinks that the deal is a police setup, and won’t give her the money until she commits to names
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