Joris shalom, > BTW no need to reply to both my email address and the mailinglist, I am > subscribed so I get your emails double.
Okay -:). > > > > > > 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. > > > > > > It is just how paranoid you are. The mint knows that C1 and C2 are > > > related. Bob just has to hope that it keeps that info private. > > > > Sorry?! didn't understand what you mean.... > > I did mean that the mint can still relate the new coin with the old one > if it wants. With "Lucre"? How? > > Maybe you can describe the technical working of the I$ system into more > detail? I did look on the website and planetgold interview, but the > working of the one-time codes related to the I$ code isn't clear to me. > I$ works with codes. This mean that when you fund an I$ note (code) you get a prepared code. This code represents your funds in our database. For example: if you buy 100 US$ worth of I$ (with E-gold for example, there is a fee on such a deal) you will get 100 I$ with an I$ code. The I$ code consists of a password (kind of private key) and a serial number (kind of a public key). For example: the following might be an I$ note (code): Serial number: 12345678 Password: acbcdefghijklmno. Now if you have an I$ you can pass the code to someone else. We operate two systems to avoid the problem of both parties knowledge of the I$ note (code). But before we discuss this, it should be highlighted that the I$ clearing has no knowledge of the deal done between both parties, since each owner of I$ note can move the I$ note freely to other people. So, if you, Joris have I$ note(s) and you decide to move the I$ note to Jim (Ray, Davidson or another Jim...-:)) you just send him the I$ note. You can send it by e-mail (secure one), by fax, by phone or by any mean that you wish. As I mentioned previously both of you (Joris and Jim) know the I$ note (code). What is done now is that Jim surf to the I$ site and exchange the I$ note (code). Jim change this I$ note (code) by submitting the I$ note (code) and getting another I$ note (code). No personal data is submitted. Thus Jim is unknown to the I$ clearing. And, of course, he can continue to move the I$ note (code) to others. There is another system, which we use, in which an owner of I$ note (code) buys a unique code and sends it to his/her deal partner. The other side of the deal "opens" this unique code and gets a new I$ note (code). I$ has developed many tools to assist its clients. We support Internet buying, escrow and even an accounts system to help people work and use our system. We accept e-gold as an e-currency. I hope this shed some light on our system. If you have any question - feel free to email them to me. 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.
