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The Banach algebra C[0,1] with the supremum norm ||.|| and
convolution multiplication is topologically nilpotent:
Defining u Î C([0,1]) by u(t) = 1 (0 £ t £ 1), we have
un(t) = [( tn-1)/( (n-1)!)] (n = 1,2,¼) and so ||un|| = [ 1/( (n-1)!)]. For arbitrary f1,¼,fn Î C([0,1]), |f1*f2*¼*fn)(t)| £ ||f1||¼||fn|| un(t). Hence
([( ||f1*¼*fn||)/( ||f1||¼||fn||)])[ 1/ n] £ [ 1/( ((n-1)!)[ 1/ n])]. Now note that limn [ 1/( ((n-1)!)[ 1/ n])] = 0.
Ref.
P.G. Dixon, G. A. Willis, Approximate identities in extensions of topological nilpotent Banach algebras., Proc. Royal of Edin., 122A, 45-52, 1992.