Hello everyone,

I have just finished upgrading the two-cents-worth web site (I did it
myself) and I found it very interesting. It becomes more and more
obvious that we need a standard to make multi-currency implementation
easier for developers and consequently less expensive for merchants to
implement receipt of payments from DGC's.

I am proposing a consortium (DGC Consortium?) where the operators (and
developers) of gold currencies can work together to help create this
standard. This can be a simple and easy process, and should cost very
little.

Examples of simple things that could be addressed very easily:

************************
e-gold uses "mailto:"; in status_url to send e-mail confirmations,
goldmoney uses "email:". I wonder why?

Surely "mailto:"; is a more accepted usage? At the moment a developer
must allow for different cases in a multicurrency environment. Pecunix
will use "mailto:"; and I am suggesting this should be standardised.

***********************
The e-gold and GoldMoney systems both use very interesting currency
codes (phone codes?!).

e-gold - AUD=61, GBP=44, goldgram=8888 etc.
GoldMoney - AUD=36, GBP=826, goldgram=0 etc.

This strikes me as being quite bizarre! Why aren't the currency codes as
such: AUD=AUD, GBP=GBP, goldgram=AUG etc? Surely this makes more sense?

***********************
How about a standard indicator for each recognised currency?

e-gold = EG, GoldMoney = GM, Pecunix = PX, e-bullion = EB etc?

***********************
Why should all the form fields be named differently for all the
currencies?

Goldmoney uses "OMI_SOME_NAME", e-gold uses "SOME_OTHER_NAME" etc.

Perhaps a better solution is "GM_SOME_STANDARD_NAME",
"EG_SOME_STANDARD_NAME" etc. and if the currency has unique fields
(e-gold's PAYMENT_METAL_ID for example that will never be used in
Goldmoney) they would use EG_UNIQUE_NAME. This would make implementation
of multi currency apps very much simpler.

***********************
Creating the hash could be standardised. Why use ":" as the delimiter in
EG and "?" in GM... etc.

***********************
Certainly there are probably MANY more SMALL things that could be done
to make this all much easier for developers, and such a standard would
also benefit the currencies, who would likely see much wider
implementation of their currency.

I would be pleased to hear from the management of the various systems
and developers... would you support an idea like this? I am willing to
set up and sponsor a web site where we can publish and discuss draft
standards etc.

I strongly believe that DGC's will succeed with or without standards for
interaction and automation, but I hazard a guess that those who comply
closely with others will ultimately find the path easier. Let's get this
organised now, before we are too entrenched in our proprietary ways.

Regards,

Sidd.








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