WebWallet - Protocol

The WebWallet "protocol", or set of rules for transaction validation and clearing, describes the expected behavior of WebWallet implementations and external auditing clients. Specifically, the "protocol" describes how primitives are used as building blocks for assembling more expressive data structures, and the algorithms to modify or verify the state of the system.

1. Primitives: cryptography, identification and accounting.
2. Structures: puzzles, trees, graphs, blocks and stacks.
3. Algorithms: transaction clearing, anchoring and auditing.