PPT Slide

Agent1 receives the confirmation y1 = K2j and immediately sends a confirmation y2 = K1K2j. Agent2 doesn’t know this yet and thinks:

j Ù ØK1K2 j

j Ù K1K2 j

R2

t1 & t2 K2 j Ù ØK2K1K2 j

t2

t1

t2 : y1 received, y2 sent

R1 , R2

R1 , R2

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