[Webfunds-commits] html/guide/show_time c_commerce.html d_wallet.html design.html i_history.html s_comms.html s_comparison.html s_cryptix_is.html s_cryptix_use.html s_request.html sox.html t_conc.html t_exchange.html t_orders.html trailer.html v_parsable.html v_tech.html v_use.html Makefile conc.html index.html trader.html value.html market.html
Ian Grigg
iang@cypherpunks.ai
Sun, 28 Jan 2001 16:18:20 -0400 (AST)
iang 01/01/28 16:18:19
Modified: guide/show_time Makefile conc.html index.html trader.html
value.html
Added: guide/show_time c_commerce.html d_wallet.html design.html
i_history.html s_comms.html s_comparison.html
s_cryptix_is.html s_cryptix_use.html s_request.html
sox.html t_conc.html t_exchange.html t_orders.html
trailer.html v_parsable.html v_tech.html v_use.html
Removed: guide/show_time market.html
Log:
reworked for mac crypto
Revision Changes Path
1.2 +21 -6 html/guide/show_time/Makefile
Index: Makefile
===================================================================
RCS file: /home/webfunds/cvsroot/html/guide/show_time/Makefile,v
retrieving revision 1.1
retrieving revision 1.2
diff -u -r1.1 -r1.2
--- Makefile 2000/07/21 00:53:29 1.1
+++ Makefile 2001/01/28 20:18:15 1.2
@@ -2,14 +2,29 @@
TARGET_DIR=guide/show_time
include ../../Make_common
-export: default.a \
+export: \
+ default.o \
index.a \
- wallet.a \
+ i_history.a \
+ design.a \
+ d_wallet.a \
value.a \
+ v_parsable.a \
+ v_tech.a \
+ v_use.a \
+ sox.a \
+ s_comms.a \
+ s_request.a \
+ s_comparison.a \
+ s_cryptix_is.a \
+ s_cryptix_use.a \
trader.a \
- market.a \
+ t_orders.a \
+ t_exchange.a \
+ t_conc.a \
conc.a \
+ c_commerce.a \
-default.a: default.css
- $(SCP) $(REM_ID) default.css ${REMOTE_MC}:${REMOTE_TARGET_DIR}/
- touch default.a
+#default.a: default.css
+# $(SCP) $(REM_ID) default.css ${REMOTE_MC}:${REMOTE_TARGET_DIR}/
+# touch default.a
1.3 +25 -33 html/guide/show_time/conc.html
Index: conc.html
===================================================================
RCS file: /home/webfunds/cvsroot/html/guide/show_time/conc.html,v
retrieving revision 1.2
retrieving revision 1.3
diff -u -r1.2 -r1.3
--- conc.html 2000/07/21 00:43:57 1.2
+++ conc.html 2001/01/28 20:18:15 1.3
@@ -1,55 +1,47 @@
-<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html4/strict.dtd">
-<html>
-<head>
-<link rel="stylesheet" type="text/css" href="default.css">
-<title>EFCE 2000 - Programme</title>
-</head>
+<page h1_title=0 toc=0 back=0 trailer=2></page>
+<page path="WebFunds - Show Time" title="Conclusion" copyright="2000-2001"></page>
<body>
<div class="page">
-<h1>EFCE 2000 - WebFunds</h1>
+<h1>WebFunds</h1>
+<div class="keynote">
+
+<h3>Conclusion</h3>
+
<p align=center>
-Conclusions
+<cite>The Payments Experience</cite>.
</p>
-<div class="keynote">
-<h3>The Trading Experience</h3>
-<p align=center>
-<cite>How to make your market</cite>.
+<p>
+A platform for accessing a financial system:
</p>
-Some things that are mirrored in the lagacy world
<ul><li>
- Execution is easy . . . Settlement is hard!
+ Designed for Trading <br>
+ <small> the hardest of payments applications </small>
+ </li><p></p><li>
+ Experience is built in <br>
+ <small> now the 6th year of evolution </small>
+ </li><p></p><li>
+ Open sourced <br>
+ <small> will meet the needs of many </small>
</li><p></p><li>
- It's all very doable . . . <i>i f f</i> payments architecture is solid.
+ Heavy-duty crypto and protocols <br>
+ <small> not so puny GUIs and applications </small>
</li><p></p><li>
- Payments are boring . . . Trading is fun :)
+ Something for everyone <big><i>!</i></big>
</li></ul>
-</div>
-
-
-<div class="keynote">
-<table><tr>
-<td><a href="index.html">Intro</a></td>
-<td><a href="wallet.html">Wallets</a></td>
-<td><a href="value.html">Value</a></td>
-<td><a href="trader.html">Trader</a></td>
-<td><a href="market.html">Market</a></td>
-<td><a href="conc.html">Conc</a></td>
-</tr></table>
-</div>
+<p>
+</p>
</div>
-<p class="footer">This page is <a href="http://validator.w3.org/check/referer">Valid HTML 4.0</a>.<br>
-Last updated: 14 March 2000</p>
-</body>
+<include file="trailer.html"></include>
-</html>
+</div>
1.3 +17 -42 html/guide/show_time/index.html
Index: index.html
===================================================================
RCS file: /home/webfunds/cvsroot/html/guide/show_time/index.html,v
retrieving revision 1.2
retrieving revision 1.3
diff -u -r1.2 -r1.3
--- index.html 2000/07/21 00:43:57 1.2
+++ index.html 2001/01/28 20:18:15 1.3
@@ -1,69 +1,44 @@
-<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html4/strict.dtd">
-<html>
-<head>
-<link rel="stylesheet" type="text/css" href="default.css">
-<title>EFCE 2000 - Programme</title>
-</head>
+<page h1_title=0 toc=0 back=0 trailer=2></page>
+<page path="WebFunds - Show Time" title="Intro" copyright="2000-2001"></page>
<body>
<div class="page">
-<h1>EFCE 2000 - WebFunds</h1>
+<h1>WebFunds</h1>
-<p align=center>
-An extensible platform for payment systems.
-</p>
-
<div class="keynote">
<h3>Introduction</h3>
-<h2><a href="http://www.webfunds.org/">WebFunds</a></h2>
+
<p align=center>
<cite>How to experiment with Payment Systems</cite>.
</p>
+
+<p>
WebFunds is an application that...
+</p>
+
<ul><li>
- supports multiple methods of payment . . .
+ supports multiple methods of payment
</li><li>
provides each with the common infrastructure
- necessary to perform payments . . .
</li><li>
- written in Java, open sourced, approx 3 developers,
- applet download . . .
+ cross-platform: Java, runs on M$, Mac, Unix
</li><li>
- one currency issued
+ open sourced, approx 3 developers
+ </li><li>
+ four metals currencies issued
<a href="http://www.webfunds.org/ricardo/contracts/digigold/">DigiGold</a>
+ </li><li>
+ numerous trials in currencies, shares, bonds
</li></ul>
<p>
-Each payment system is implemented within a
-<i><a href="wallet.html">wallet</a></i>.
+WebFunds is an extensible payment systems platform.
</p>
-<p>
-At EFCE, as well as demonstrating the above,
-we showed new OpenPGP contracts and RTGS instrument trading.
-
</div>
-<div class="keynote">
-
-<table><tr>
-<td><a href="index.html">Intro</a></td>
-<td><a href="wallet.html">Wallets</a></td>
-<td><a href="value.html">Value</a></td>
-<td><a href="trader.html">Trader</a></td>
-<td><a href="market.html">Market</a></td>
-<td><a href="conc.html">Conc</a></td>
-</tr></table>
-</div>
+<include file="trailer.html"></include>
</div>
-
-<p class="footer">This page is <a href="http://validator.w3.org/check/referer">Valid HTML 4.0</a>.<br>
-Last updated: 14 March 2000</p>
-
-</body>
-
-</html>
-
1.3 +22 -56 html/guide/show_time/trader.html
Index: trader.html
===================================================================
RCS file: /home/webfunds/cvsroot/html/guide/show_time/trader.html,v
retrieving revision 1.2
retrieving revision 1.3
diff -u -r1.2 -r1.3
--- trader.html 2000/07/21 00:43:57 1.2
+++ trader.html 2001/01/28 20:18:17 1.3
@@ -1,85 +1,51 @@
-<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html4/strict.dtd">
-<html>
-<head>
-<link rel="stylesheet" type="text/css" href="default.css">
-<title>EFCE 2000 - Programme</title>
-</head>
+<page h1_title=0 toc=0 back=0 trailer=2></page>
+<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
-<h1>EFCE 2000 - WebFunds</h1>
+<h1>WebFunds</h1>
-<p align=center>
-<a href="http://www.systemics.com/">Trader</a> -
-a wallet for buys and sells on an exchange.
-</p>
-
<div class="keynote">
+
<h3>The Trader Wallet</h3>
+
<p align=center>
<cite>Welcome to the new financial system . . .</cite>
</p>
-Trader extends the SOX Wallet to add:
+
+<p>
+Trader is additional wallet:
+</p>
+
<ul><li>
- <i>Trading Account</i> (hidden).
+ Many accounts, just like SOX wallet
</li><li>
- <i>SubAccounts</i> are the trade space - contract against
- underlying money (1st contract)
+ <i>SubAccounts</i> are the trade space <br>
+ <small> one "money" and many contracts </small>
</li><li>
- Additional Transactions are <i>Buys</i> and <i>Sells</i>
- using the first (SubAccount) contract added for the <i>money</i>,
- other (SubAccounts) contracts as the <i>instrument</i>
+ Trade using plugin menu items <br>
+ <small><i>Buys</i> and <i>Sells</i>
</li><li>
- Book is the current orders at the market
+ Book shows the trading board <br>
+ <small>all current orders at the market</small>
</li><li>
- Open Orders - orders client has placed
+ Open Orders for my orders <br>
+ <small> any that the client has placed</small>
</li><li>
Features - Status and Cancel
</li></ul>
+
<p>
In this case, trading protocols extend from SOX.
</p>
-<p>
-Example - BUY.
-<ul><li>
- Both <i>Limit</i> and <i>MARKET</i> orders implemented
- </li><li>
- Price is per unit - float
- </li><li>
- Size is number of Units of Account
- </li><li>
- Resultant amount is sent to market
- </li><li>
- Market holds locally ::: Settlement
- </li><li>
- Execution
- </li><li>
- Market uses SOX mail feature to return the purchased instruments...
-</li></ul>
-</div>
-<div class="keynote">
-
-<table><tr>
-<td><a href="index.html">Intro</a></td>
-<td><a href="wallet.html">Wallets</a></td>
-<td><a href="value.html">Value</a></td>
-<td><a href="trader.html">Trader</a></td>
-<td><a href="market.html">Market</a></td>
-<td><a href="conc.html">Conc</a></td>
-</tr></table>
-</div>
-
</div>
-<p class="footer">This page is <a href="http://validator.w3.org/check/referer">Valid HTML 4.0</a>.<br>
-Last updated: 14 March 2000</p>
-
-</body>
-</html>
+<include file="trailer.html"></include>
+</div>
1.3 +14 -49 html/guide/show_time/value.html
Index: value.html
===================================================================
RCS file: /home/webfunds/cvsroot/html/guide/show_time/value.html,v
retrieving revision 1.2
retrieving revision 1.3
diff -u -r1.2 -r1.3
--- value.html 2000/07/21 00:43:57 1.2
+++ value.html 2001/01/28 20:18:17 1.3
@@ -1,16 +1,12 @@
-<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html4/strict.dtd">
-<html>
-<head>
-<link rel="stylesheet" type="text/css" href="default.css">
-<title>EFCE 2000 - Programme</title>
-</head>
+<page h1_title=0 toc=0 back=0 trailer=2></page>
+<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
-<h1>EFCE 2000 - WebFunds</h1>
+<h1>WebFunds</h1>
<p align=center>
The
@@ -20,62 +16,31 @@
<div class="keynote">
<h3>Value - Ricardian Contracts</h3>
+
<p align=center>
<cite>How to describe anything . . .</cite>.
</p>
WebFunds uses the Ricardian Contract to describe value
+for Payments and Trading.
+
<ul><li>
- Both code- and user-parsable
- <ul><li>
- Can mirror existing paper contracts
- </li><li>
- not scary to legacy legal institutions
- </li><li>
- Provides detailed information to code
- </li><li>
- Stepping stone to smart contracts . . .
- </li></ul>
+ Parsable text contract
</li><li>
Signed to provide chain of authentication
</li><li>
- Hashed gives unique identifier - anyone can play
-</li></ul>
-<p>
-How useful is this?
-</p>
-<ul><li>
- Great for financial instruments - bonds, shares, derivatives
- </li><li>
- good for applications - payments, trading, "new" markets
+ Hashed to identify in packets
</li><li>
- existing models - blinded tokens <i>versus</i> Mondex dollars
+ Can describe any contract to anyone who can read
</li></ul>
-Very important that this concept is simple, open, available:
-(Plugins) Contract Browser and Sign wizard.
-
+<p>
+Proven concept with 5 years of describing
+diverse situations.
+</p>
</div>
-
-<div class="keynote">
-<table><tr>
-<td><a href="index.html">Intro</a></td>
-<td><a href="wallet.html">Wallets</a></td>
-<td><a href="value.html">Value</a></td>
-<td><a href="trader.html">Trader</a></td>
-<td><a href="market.html">Market</a></td>
-<td><a href="conc.html">Conc</a></td>
-</tr></table>
-</div>
+<include file="trailer.html"></include>
</div>
-
-<p class="footer">This page is <a href="http://validator.w3.org/check/referer">Valid HTML 4.0</a>.<br>
-Last updated: 14 March 2000</p>
-
-</body>
-
-</html>
-
1.1 html/guide/show_time/c_commerce.html
Index: c_commerce.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="Opportunities" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>The Commercial Opportunity</h3>
<p align=center>
<cite>An Open Source Economy</cite>.
</p>
Whilst using the tools of the Internet, this is a
serious commercial venture
<ul><li>
One set of precious metals issued by
<a href="http://www.webfunds.org/ricardo/contracts/digigold/">DigiGold</a>
</li><p></p><li>
new projects under development
<ul><li>
<li> microfinance </li>
<li> shares </li>
<li> mutual funds </li>
</li></ul>
</li><p></p><li>
Design your own Financial System Project
</li></ul>
<p>
Programmers will be required as projects ramp up :-)
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/d_wallet.html
Index: d_wallet.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="Wallet" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>The WebFunds Wallet</h3>
<p align=center>
<cite>Add your own payment system . . .</cite>
</p>
<p>
Each wallet maps its technology to that model,
and gets:
</p>
<ul><li>
<p>
<i>Accounts</i>: creation, removal, etc
</p>
</li><li>
<p>
<i>SubAccounts</i> addition of Contracts
</p>
</li><li>
<p>
Email payments, deposits, transfers, histories.
</p>
</li></ul>
<p>
At each level wallet can
<i>plugin</i> additional features into the menus.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/design.html
Index: design.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="Design" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>The Design Concept</h3>
<p align=center>
<cite>Flexibility . . .</cite>.
</p>
<p>
WebFunds imposes a view of the world on each payment system:
</p>
<ul><li>
<p>
<i>Accounts</i> do authentication<br>
<small>as defined by requests,</small>
</p>
</li><li>
<p>
<i>SubAccounts</i> do Value<br>
<small> as defined by Ricardian Contracts,</small>
</p>
</li><li>
<p>
<i>Transactions</i> are settlements<br>
<small>within one Contract, between two
accounts.</small>
</p>
</li></ul>
<p>
Within each Account are many SubAccounts,
and within the SubAccount, many Transactions.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/i_history.html
Index: i_history.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>History</h3>
<p align=center>
<cite>Evolution and Revolution</cite>.
</p>
<p>
</p>
<ul><li>
Originally released in 1986 as a Proxy for
browsers, with retail trading protocol built in
</li><li>
Rewritten for support in 1997-1998
</li><li>
Complete rewrite and new SOX protocol in 1999
</li><li>
3rd generation source code open sourced onto
<a href="http://www.webfunds.org">www.WebFunds.org</a>
</li><li>
Multiple wallets added, enabling addition of Trader
</li></ul>
<p>
This project is in its 3rd generation...
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/s_comms.html
Index: s_comms.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="SOX" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>SOX Comms Layer</h3>
<p align=center>
<cite>Secure Packet Layer :-)</cite>
</p>
<p>
Base connection layer is secure:
</p>
<ul><li>
establish with Diffie-Hellman key exchange
</li><li>
server authenticates
</li><li>
Server DSA key is signed by Top-level key
</li><li>
Top-level distributed in Ricardian Contracts
</li><li>
encrypted: 3-key 3DES<br>
(Rijndael some day)
</li></ul>
<p>
Once established, requests can be sent.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/s_comparison.html
Index: s_comparison.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="SOX" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>SOX <i>versus</i> the best of the rest</h3>
<p align=center>
<cite>designed for reliability</cite>.
</p>
<p>
Within the context of the design goals, how do others compare?
</p>
<table border=4>
<tr>
<td><i>Name</i></td>
<td><i>Orient</i></td>
<td><i>Minus</i></td>
<td><i>Plus</i></td>
</tr><tr>
<td>SSL</td>
<td>Conn</td>
<td>
no recovery<br>
X509 :-( <br>
messy
</td>
<td>mature</td>
</tr><tr>
<td>SSH2</td>
<td>Conn</td>
<td>no recovery</td>
<td>clean</td>
</tr><tr>
<td>SOX</td>
<td>Packet</td>
<td>still evolving</td>
<td>
reliabile<big><i>!</i></big> <br>
clean<br>
fleet of foot<br>
HTTP/email<br>
</td>
</tr></table>
<p>
Internally, SOX is evolving towards a
generalised form of SSH2.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/s_cryptix_is.html
Index: s_cryptix_is.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="SOX" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>Cryptix Project</h3>
<p align=center>
<cite>Strong Crypto</cite>.
</p>
<a href="http://www.cryptix.org/">Cryptix</a>
includes:
<ul><li>
Cryptix <a href="http://www.cryptix.org/products/jce/index.html">JCE</a> is 100% compatible
<small><small>
<br>
<b>* ciphers</b>
Blowfish, CAST5, DES, IDEA, MARS, RC2, RC4, RC6,
Rijndael, Serpent, SKIPJACK, Square, TripleDES, Twofish
<br>
<b>* Hashes</b>
MD2, MD4, MD5, RIPEMD-128, RIPEMD-160,
SHA-0, SHA-1, Tiger
<br>
<b>* Assymetric</b>
RSA/PKCS#1, RawDSA, RSA, (DSA)
<br>
<b>* HMAC</b>
-MD2, -MD4, -MD5, -RIPEMD-128, -RIPEMD-160,
-SHA-0, -SHA-1, -Tiger
<br>
<b>* Modes...</b>
CBC, CFB-(8, 16, 24, ..., blocksize), ECB,
OFB-(blocksize), openpgpCFB
<br>
<b>* More...</b>
Diffie-Hellman,
/dev/urandom
</small></small>
<br>
</li><li>
OpenPGP Signing (no encryption yet...)
</li><li>
JDK 1.1, 1.2, 1.3
</li><li>
"BSD" licence, developers in 9 countries,
more welcome
</li><li>
AES Project Support Team ==> <b>Rijndael :-)</b>
</li><li>
Projects in ASN.1, Elliptix Curves, SASL
</li></ul>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/s_cryptix_use.html
Index: s_cryptix_use.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="SOX" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>Cryptix Project</h3>
<p align=center>
<cite>"Kick-ass Crypto For You"</cite>.
</p>
WebFunds uses the
<a href="http://www.cryptix.org/">Cryptix project</a>
to provide for all
its hardcore needs:
<ul><li>
Cryptix
<a href="http://www.cryptix.org/products/jce/index.html">JCE</a>
is used:
<small>
<ul><li>
<b>ciphers</b>
TripleDES and AES (Rijndael)
</li><li>
<b>Hash:</b>
SHA-1
</li><li>
<b>Assymetric Cipher:</b>
RSA/PKCS#1
</li><li>
<b>More...</b>
Diffie-Hellman, CBC, /dev/urandom
</li></ul>
</small>
</li><li>
OpenPGP for signing Ricardian Contracts (DSA)
</li></ul>
<p>
Cryptix was originally developed for this application!
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/s_request.html
Index: s_request.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="SOX" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>SOX Request Layer</h3>
<p align=center>
<cite>Ask for anything you like ...</cite>.
</p>
<p>
Requests layered over top of Comms Layer:
</p>
<ul><li>
Register RSA key ==> account is unit of
authentication
</li><li>
Request Mail, Sign for Mail
<ul>
<li>secure reverse channel</li>
<li>Application posts important results in Mailbox</li>
</ul>
</li><li>
<p>
customise protocol with additional Requests:
</p>
<ul>
<li>Transfer: Ricardian assets</li>
<li>Trade: LaVella Trading</li>
<li>Withdraw: experimental tokens</li>
</ul>
<p>others are possible...</p>
</li><li>
Idempotent
</li></ul>
<p>
Features conspire with Comms Layer to
achieve Reliability.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/sox.html
Index: sox.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>SOX</h3>
<p align=center>
<cite>"Systemics Open Transactions"</cite>.
</p>
<p>
Design goals
</p>
<ul><li>
totally reliable
</li><li>
totally secure
</li><li>
fast requests
</li><li>
extensible
</li><li>
strong privacy
</li></ul>
<p>
Comms layer underneath, Reliable Request layer in middle,
Application on top.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/t_conc.html
Index: t_conc.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>Early Results</h3>
<p align=center>
<cite>How to make your market</cite>.
</p>
<p>
Some things are mirrored in the legacy world
</p>
<ul><li>
Execution is easy<br>
<small>Settlement is hard!<small>
</li><p></p><li>
RTGS is all very doable <br>
<small><i>i f f</i>  
payments architecture is solid.</small>
</li><p></p><li>
Payments are boring <br>
<small>Trading is fun :)</small>
</li><p></p><li>
Current target is <b>t + 3</b> <br>
settlement in three seconds
</li></ul>
<p>
More to come: shares, bonds, microfinance
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/t_exchange.html
Index: t_exchange.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>The LaVella Exchange</h3>
<p align=center>
<cite>settlement in t+60 seconds </cite>
</p>
<p>
The market project, codenamed <i>LaVella</i>,
is a proprietary product
</p>
<ul><li>
implements reliable RTGS settlement
</li><li>
trades any Ricardian Contract against another
</li><li>
centralised, 3-tier structure
</li><li>
auction and continuous
</li></ul>
<p>
Market trade takes about a minute to settle.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/t_orders.html
Index: t_orders.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>The Trades</h3>
<p align=center>
<cite>Straighter than STP</cite>
</p>
<p>
Basic orders:
<ul><li>
Both <i>Limit</i> and <i>MARKET</i> orders implemented
</li><li>
Price is per unit
</li><li>
Size is number of Units of Account
</li><li>
Can trace progress by requesting status
</li><li>
SOX mail feature for return of instruments
</li></ul>
<p>
Other order types are plausible additions.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/trailer.html
Index: trailer.html
===================================================================
<div class="keynote">
<table>
<tr>
<td><a href="index.html">Intro</a></td>
<td><a href="design.html">Design</a></td>
<td><a href="value.html">Value</a></td>
<td><a href="sox.html">SOX</a></td>
<td><a href="trader.html">Trader</a></td>
<td><a href="conc.html">Conc</a></td>
</tr>
<tr>
<td><small><a href="i_history.html">History</a></small></td>
<td><small><a href="d_wallet.html">Wallet</a></small></td>
<td><small><a href="v_parsable.html">Content</a></small></td>
<td><small><a href="s_comms.html">Comms</a></small></td>
<td><small><a href="t_exchange.html">Exchange</a></small></td>
<td><small><a href="c_commerce.html">Commerce</a></small></td>
</tr>
<tr>
<td> </td>
<td> </td>
<td><small><a href="v_tech.html">How</a></small></td>
<td><small><a href="s_request.html">Request</a></small></td>
<td><small><a href="t_orders.html">Orders</a></small></td>
<td> </td>
</tr>
<tr>
<td> </td>
<td> </td>
<td><small><a href="v_use.html">Why?</a></small></td>
<td><small><a href="s_comparison.html">Compare</a></small></td>
<td><small><a href="t_conc.html">Conc</a></small></td>
<td> </td>
</tr>
<tr>
<td> </td>
<td> </td>
<td> </td>
<td><small><a href="s_cryptix_use.html">use</a> <a href="s_cryptix_is.html">cryptix</a></small></td>
<td> </td>
<td> </td>
</tr>
</table>
</div>
1.1 html/guide/show_time/v_parsable.html
Index: v_parsable.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="Value" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>Value - Ricardian Contracts</h3>
<p align=center>
<cite>How to describe anything . . .</cite>.
</p>
The contract is parsable by both humans and WebFunds:
<ul><li>
Current format is "ini" but will go to XML
</li><li>
Can look like existing paper contracts
</li><li>
not so scary to legacy legal institutions.
</li><li>
Provides detailed information to program.
</li><li>
Stepping stone to smart contracts . . .
</li></ul>
<p>
By mimicing the existing legal contract,
can draw on a millenium of contract law.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/v_tech.html
Index: v_tech.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds - Show Time" title="Value" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>Value - Ricardian Contracts</h3>
<p align=center>
<cite>An Appropriate use of Digital Signatures!</cite>.
</p>
A number of techniques are used:
<ul><li>
Formatting rules for parsing
</li><li>
Signed using cleartext OpenPGP signature
</li><li>
Hashed to provide unique identifier
</li></ul>
<p>
Must use OpenPGP (signing, WoT)
as finance is the application.
</p>
</div>
<include file="trailer.html"></include>
</div>
1.1 html/guide/show_time/v_use.html
Index: v_use.html
===================================================================
<page h1_title=0 toc=0 back=0 trailer=2></page>
<page path="WebFunds" title="Show Time" copyright="2000-2001"></page>
<body>
<div class="page">
<h1>WebFunds</h1>
<div class="keynote">
<h3>Value - Ricardian Contracts</h3>
<p align=center>
<cite>Very financially interesting . . . </cite>.
</p>
<p>
How useful is this?
</p>
<ul><li>
Great for financial instruments <br>
<small> bonds, shares, derivatives</small>
</li><li>
good for applications <br>
<small> payments, trading, "new" markets</small>
</li><li>
existing models can be used<br>
<small> blinded tokens <i>versus</i> Mondex dollars</small>
</li></ul>
<p>
Very important that this concept is simple, open, available:
Contract Browser and Sign Wizard are supplied.
</p>
</div>
<include file="trailer.html"></include>
</div>