[Webfunds-users] it works!

Sat Sep 4 23:43:16 1999

On Sat, 4 Sep 1999, Ian Grigg wrote:

> Hi David,
> 
> > I got webfunds running a while ago and now I figured out how to make it
> > work!  So I have made some 0 and non-0 payments to myself.  
> 
> Great!  Any changes to the instructions?

README.html is ok, I'm using jdk1.1.7_v3 (couldn't find 1.1.8 for my
platform- Linux).  General documentation, such as what webfunds is,
explanation of the menus, will show up when it's out of beta, I assume... 

> > What can I do next?  Is real digigold working?  I saw some digigold being
> > passed around on the e-gold list, is there any of that left for me to try?
> 
> The real DigiGold is working fine, but mine is not,
> therein lies a tale which I won't bore you with,
> but suffice to say, I'll duck sideways on that and
> hope someone with disposable DigiGold can satisfy
> you.

Yes, someone sent me some and I sent it back (thanks you know who you
are)!

> > and where would that balanace be
> > stored?  On my hard drive, or at Systemics?
> 
> This is a tricky question.  Are you asking on legal grounds,
> on bit grounds, on cryptographic grounds, control or access,
> or what?
> 
> The real answer is neither, the value is a shared arrangement
> between the client and the server, both have signed instructions
> supporting their view of the transaction.  In practice, we can
> answer "the balance is on the hard drive / server / Nevis / Internet"
> all depending on who is asking the question, and what model they
> have in their head.

That doesn't answer the question, but since you're releasing the source, I
won't worry about it too much right now.

> One thing I would say is that there is no balance at
> Systemics, we are just an outsourced accounting arm.

So you have no way of telling how much digigold I have (which would be
good)?

> So, in the future, you will add accounts, and each account
> will be capable of holding any contract.  

Good, that makes more sense.

> > P.S. e-gold always avoids using the term "Deposit", since they're not a
> > bank.  You should too.
> 
> Hmm, interesting point that would take several emails
> to discuss.  What do you suggest?

I don't know, but I thought 'deposit' meant something specific.

> > This message is placed in the public domain.
> Can I take my copy out of the public domain?  :-)

One copy? Sure! But you don't need to ask, it was already in the public
domain!

David Manifold <dem@tunes.org>
This message is placed in the public domain.