I create four D Credits, four D Markers, a G# Credit, and a G# Marker
in my possession.
Without objection, I intend to remove the sentence "The redeemer can
act on behalf of the specified person to fulfill this obligation."
from the Note Exchange text.
{-------------------}{-----------------------------------------------}
Credits:
C# D# F# G# A#
Player C D E F G A B Total
Db Eb Gb Ab Bb
----------------------------------------------------------------------
Ivan Hope 1 5 1 1 8
Markers:
C# D# F# G# A#
Player C D E F G A B Total
Db Eb Gb Ab Bb
----------------------------------------------------------------------
Ivan Hope 1 5 1 1 8
Some history:
(17:06:30 11 May 2008) Ivan Hope publishes a report.
(17:06:30 18 May 2008) Ivan Hope's report self-ratifies.
(19:23:33 7 June 2008) Ivan Hope publishes a report.
(19:23:33 14 June 2008) Ivan Hope's report self-ratifies.
(now) Ivan Hope creates 4xD, G#
(now) This report is published.
(now + 1 week) This report self-ratifies.
The text of the pledge:
{This is a public contract and a pledge by the name of "The Note Exchange".
For each pitch of Note, the corresponding Credit is a currency, and
the corresponding Marker is a fixed currency. Ivan Hope CXXVII is the
recordkeepor of Credits and Markers, and generally cannot create them
by announcement. Credits and Markers generally cannot be destroyed by
announcement, and ownership of Markers is restricted to parties to
this contract.
Any party to this contract except Ivan Hope CXXVII can leave it by
announcement if e holds no Markers.
If a person holds more Notes of a pitch than Markers of that pitch, e
can, by announcement, award eirself both a Credit and a Marker of that
pitch. A person shall not take any action that would cause em to hold
less Notes of a pitch than Markers of that pitch. [Don't you think a
sentence of FINE would be silly in this case?]
If a person holds a Credit and a Marker of the same pitch, e can by
announcement destroy both of them.
If a person holds a set of Credits, e may by announcement redeem the
Credits, specifying a person who holds a matching set of Markers, a
manner of spending Notes defined by Rule 2126, and any parameters
required for that manner of spending Notes. When this is done, the
Credits and Markers are destroyed, and the specified person shall
spend the Notes in the specified manner with the specified parameters
as soon as possible. The redeemer can act on behalf of the specified
person to fulfill this obligation.}
--Ivan Hope CXXVII
