On 22/03/12 23:41, James A. Donald wrote: > Repeating: You pseudonymously store other people's stuff, using a nym > that gains reputation thereby, and anonymously store your stuff on other > people's systems, using a nym with no reputation.
Hi James, This is an intriguing idea, but I don't understand how cancelling out cycles of IOUs (which sounds very much like PledgeRoute, is that right?) can be combined with Chaumian mixing of IOUs. Let's say for the sake of argument that we've solved the problem of finding a trustworthy party to perform the mixing. Before mixing, Alice has an IOU from Bob. Alice has interacted with Bob before and established a credit limit for him, so she knows how much an IOU from him is worth. Alice puts her IOU into the mix and gets out someone else's IOU. Now she has an IOU from someone she's never interacted with. How does Alice know the IOU is worth anything? Cheers, Michael _______________________________________________ p2p-hackers mailing list p2p-hackers@lists.zooko.com http://lists.zooko.com/mailman/listinfo/p2p-hackers