You're missing this point:

4. When the Mail Server receives a message encrypted with subscriber's private 
key, it decrypts it using existing subscriber's private key stored in SQL 
database. Then the Mail Server encrypts this message with the Mailing List 
public encryption key and distributes it to all other Mailing List 
subscribers.

Please don't hijack this thread if you can't offer anything useful.

On Wednesday 04 July 2007 15:05:05 John Andersen wrote:
> On Wednesday 04 July 2007, Alex Daniloff wrote:
> > 3. Mail Server shall store private encryption key associated with the
> > each subscriber in SQL database along with subscribers' email address and
> > subscription information.
>
> That is really insecure.
>
> --
> _____________________________________
> John Andersen


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