Hi techies and less-techies, Responding to Michael Moore...
> Not that I am a proponent of Paypal nor am I a 'Techie' but I see that > paypal instantly notifies you when a deposit has been paid into your paypal > account. That also doesn't go as proof; email is too simple to fake. Mind you, it's always possible to login and check, but that's extra work that can be easily avoided in my eyes -- a PGP signature enables verification of an email's origin and integrity (making sure that is has not been altered). If an email arrives with a PGP signature by e-gold, or PayPal, then it's a proof that a deposit has been made. In my view, it'd be a nice feature from payment systems to provide this. So that a proof of payment can be grabbed off the web interface and forwarded over email -- if the web interface is done properly, this retains the PGP properties. Meaning, you receive an email and your PGP-aware mail tool verifies that it is authentically signed by e-gold, and you know for sure that the payment is in your account. No need to mistrust email, no need to login and check. > How about when a payment is made to an e-gold account....the holder gets an > email to indicate so? Normally not. GoldMoney does have that feature (but I didn't try it yet). Both systems will however submit an email, or upload a web page, when a payment is made through the SCI / OMI. What I'm proposing is to make it simple for a market maker like yourself to submit a _proof_ of payment without any more effort than you currently put into it -- you just grab the payment notice from the website and, for those who care, it contains a solid proof of the payment. The paying party would just copy+paste the following off the website, only signed with e-gold's PGP key rather than mine: -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 e-metal payment confirmation: Batch 4610192 Paid To: 143766 (vanrein) Amount: 123.37 Australian $' worth of Gold Memo: For paypal amount - beamed up Cap't From: 129542 (Goldtoday) Actual payment weight = 0.230513 oz. (7.169754 grams) Applicable Conversion factors: 1 oz. troy = 31.1034768 grams Gold exchange rate = 535.20AUD/oz. The e-metal payment was successful. Your batch number for confirmation is 4610192 -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.0.6 (FreeBSD) Comment: For info see http://www.gnupg.org iD8DBQE8Hc2gVVg0GvW60c0RAm6vAKCQ+ToNtJrKzCZ3ZHAEIJzH2jaHPQCfTmYP jxNhputVzuxt/hzmCJ4I4Ig= =tGPy -----END PGP SIGNATURE----- Such texts may be inserted anywhere in an email, and they actually constitute proof of payment (and not just a notice that you should verify on the website). Sheer comfort if you ask me! Cheers, Rick van Rein. --- You are currently subscribed to e-gold-tech as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]