George and fellows shalom, First I'll grab this opportunity to wish you all a Happy New Year (A Gold one!!!!).
> With all the hacking we have seen, is it possible to safely apply today's > technology to a true global currency? What security issues need to be > overcome? What is required to maintain security and is it available today? You need to look at two variations of systems: The account based and the code based (bearer). On both systems you need to secure the Database (clearing server) and all that surrounds it, you need to secure the Internet connection and then you need to secure the user computer. In the bearer world the deal is done between two (users) computers with the use of a third party database (according to the Internet Dollar system). (The "true" bearer system should avoid the usage of a trusted third party, but I haven't found a solution to security problems aroused from such a system). I think that you will not be able to avoid attacks on the database, avoid attacks on the connection and avoid attacks on the user computer(s). But, as we see (and act daily) - systems like e-gold and others provide a reasonable security - which is good enough to work with. (Sometimes I find it dificult to read the touring number....). Schenkler - CEO Use Internet Dollar electronic money for anonymity, finalization of deal and fee free funds movements from peer to peer - http://InternetDollar.com --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
