Joris shalom, Sorry for being late in responding.
I understand what you say about the theory of Lucre. If the coin is being "minted" by the user, there is no way to trace the coin "originator". So, have you tested the system? Does it work? > (I assume that you mean the coin itself with 'coin code', not the > sourcecode of the system.) > > With Lucre the coin is (x,z). x beeing a random ID, z beeing > the signature of oneway(x). If the mint knows the 'coincode' (x,z), it can > track every transaction through the system. > > Alice funds the system with $100 and gets coin C1 from the mint. > ... some time passes... > Bob reissues coin C1 for C2 on the mint. We at I$ have solved this problem by not asking Bob details. We issue another C2 for a legite C1. > The mint thus knows that Alice paid coin C1 to Bob. > ... some time passes... > Carol wants to transfer $100 out of the system by depositing coin C2. > The mint thus knows that Bob gave C2 to Carol. > > Doing this kind of analysis the mint can exactly know who pays whom, how > people are related etc. And it can reject C2 if at some point it decides > not to like Bob. Doesn't that sound like repudiable transactions? Schenkler - Chief Money Maker Internet Dollar electronic money system - 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.
