Hello All, Here is an idea for exchange service providers.
> Date: Fri, 21 Dec 2001 09:18:54 -0600 (CST) > To: "e-gold Discussion" <[EMAIL PROTECTED]> > From: [EMAIL PROTECTED] (Jim Davidson) > [ MELTED ] > Cambist Exchange Service is very interested in adding > other items of exchange to our automated exchange service. > This Russian link exchange system is an interesting > candidate. > There may be lots of various digital currencies both big and small ones with wide or narrow acceptance. If these digital currencies have decent shopping cart interfaces with automated payment verification and all payments are initiated by payer only without charges back then it may be possible to create distributed network of digital currencies and chained exchange service providers like chained anonymous remailers. Both digital currencies and exchange services may be situated in different countries thus making whole system as private and secure as chained anonymous remailers are. Payment orders may be transferred using the same content protection methods as remailers are using like multiple PGP encryptions using separate public keys of independent exchange service providers, thus nobody will be able to determine the connection between payer and payee of chained payment and payment histories would be meaningless. The chains of digital currencies and exchange service providers may be tested on a regular basis by making small payments in the same way as remailers are tested with results posted to public forums. This whole system may be as robust in emergency situations as the people who would use it will have the desire and patience to learn control commands and interfaces. Just the concept of this distributed network makes attempts to close any individual digital currency or exchange service provider useless and protects all digital currencies. Respectfully yours, Dmitry Salnikov, http://dmitry-salnikov.com/index.htm International business catalogue for e-gold users, http://dmitry-salnikov.com/veda.htm Gold Web Ring traffic maker for e-gold sites, http://o.webring.com/hub?ring=gold FreeBSD, Linux, C/C++, Perl, ... Web software development services, English / Russian translations. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!