1997-11-12 - Re: SET

Header Data

From: Jeremey Barrett <jeremey@bluemoney.com>
To: Robert Hettinga <rah@shipwright.com>
Message Hash: 988b4ddd4d0fc0a9815f8c17f9ea7dea4425e776d089b4130fb222aaf7944304
Message ID: <199711121918.LAA20209@einstein.bluemoney.com>
Reply To: <2325.879351741@tygar.trust.cs.cmu.edu>
UTC Datetime: 1997-11-12 19:22:00 UTC
Raw Date: Thu, 13 Nov 1997 03:22:00 +0800

Raw message

From: Jeremey Barrett <jeremey@bluemoney.com>
Date: Thu, 13 Nov 1997 03:22:00 +0800
To: Robert Hettinga <rah@shipwright.com>
Subject: Re: SET
In-Reply-To: <2325.879351741@tygar.trust.cs.cmu.edu>
Message-ID: <199711121918.LAA20209@einstein.bluemoney.com>
MIME-Version: 1.0
Content-Type: text/plain



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Robert Hettinga writes:
 > 
 > Personally, I'm becoming convinced that SET is practically Ptolmaic in it's
 > complexity. You can get money from point A to point B, but you have to go
 > through a lot of epicycles to get there.

Agreed, SET is overengineered hogwash.

 > 
 > Unfortunately, I think that no MIS manager will get fired for using SET, and
 > it'll take a serious demonstration of a security breach before people will
 > listen to anything else. At least until someone demonstrates a transaction
 > protocol which is, say 3 orders of magnitude cheaper...

Perhaps... OTOH, SET is SO bad that it will be impossible to deploy,
probably forcing everyone away from it anyway.

As far as a better protocol, it's already designed, implemented, and
running quite nicely in our software. :-)

Regards,
Jeremey.
- -- 
Jeremey Barrett                                BlueMoney Software Corp.
Crypto, Ecash, Commerce Systems               http://www.bluemoney.com/
PGP key fingerprint =  3B 42 1E D4 4B 17 0D 80  DC 59 6F 59 04 C3 83 64

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