Comments on: A future crypto credit money from the imaginative past https://blog.p2pfoundation.net/a-future-crypto-credit-money-from-the-imaginative-past/2009/06/07 Researching, documenting and promoting peer to peer practices Sun, 22 Aug 2010 11:31:35 +0000 hourly 1 https://wordpress.org/?v=5.5.14 By: Fellow Traveler https://blog.p2pfoundation.net/a-future-crypto-credit-money-from-the-imaginative-past/2009/06/07/comment-page-1#comment-435950 Sun, 22 Aug 2010 11:31:35 +0000 http://blog.p2pfoundation.net/?p=3399#comment-435950 WHAT IS “Open Transactions” ?

— It’s a solid, easy-to-use, CRYPTO and DIGITAL CASH LIBRARY.
— Including an operational CLIENT and SERVER…
— It’s OPEN SOURCE, and encapsulates a COMPLETE PROTOCOL for transactions.
— It’s object-oriented, and written in C++ using OpenSSL.
— There’s a high-level API in C++ as well as Java (JNI interface)
— Easy Makefiles for Mac OS X and LINUX
— Featuring:
…………….UNTRACEABLE DIGITAL CASH (real blinded tokens.)
…………….SECURE NUMBERED ACCOUNTS (an “account” is a public key.)
…………….TRIPLE-SIGNED RECEIPTS
…………….BASKET CURRENCIES
…………….SIGNED XML CONTRACTS
…………….MANY DIGITAL INSTRUMENTS SUPPORTED (transfers, cheques, cash, vouchers…)

(For answers to all of your questions, please read the FAQ.) For a broad overview, the software features:

— UNTRACEABLE DIGITAL CASH: Fully implemented! Cash withdrawals of any asset type, using Lucre. (Ben Laurie’s implementation of Wagner’s variant on Chaumian blinding.) Once cash is withdrawn, the server has no way of tracking it or linking it back to its next deposit.

REPEAT: Digital Bearer Certificates—with denominations, mints, expiring tokens, spent token database, the works—fully-operational and ready to integrate with your mixnets, your digital gold currency (or silver), your anonymous network nodes, your bittorrent clients, your remailers, your secure voip apps, your nym servers, your snazzy, new, file-sharing client, and your censorship-resistant, distributed data store. This is what you have been waiting for! Real, open-source, digital cash.

]]>
By: KingofthePaupers https://blog.p2pfoundation.net/a-future-crypto-credit-money-from-the-imaginative-past/2009/06/07/comment-page-1#comment-414998 Mon, 08 Jun 2009 00:21:14 +0000 http://blog.p2pfoundation.net/?p=3399#comment-414998 “with the the most important service package being an encrypted electronic LETS system for facilitating exchange in local, alternative economies (not that it wouldn’t also be useful on a larger scale, on a secondary level).”

Jct: The greatest feature of LETS is that it is an open information database. Everyone can see everyone else’s account so there’s no way to steal because there’s no way to stow the stolen credits. There’s no need for encryption.
An original LETS engineer.

]]>