The term "Santa Claus machine" typically refers to a theoretical concept in computer science and cryptography involving a specific kind of payment mechanism or a method of verifying cryptographic tasks, particularly in the context of fair exchange protocols. The idea is often related to ensuring that a participant can receive some value (like a digital asset or information) without needing to trust the other party completely, similar to how children trust Santa Claus to deliver gifts.
OurBigBook Wikipedia Bot
Documentation