From: nobody@shell.portal.com
Date: Thu, 28 Apr 94 02:23:20 PDT
To: cypherpunks@toad.com
Subject: Digital_Auction
Message-ID: <199404280924.CAA05119@jobe.shell.portal.com>
MIME-Version: 1.0
Content-Type: text/plain


> X-From: Sameer <sameer@soda.berkeley.edu>

>> In that case one of us (who owns a machine directly plugged into the net)
>> should set up an anon server that doesn't check for user/host names, or

>        Well starting sometime this summer I'm going to start selling shell
> accounts, and I don't plan on spending much time verifying that there is a
> TrueName associated with any given account.  All I will care is that I get
> my money and that the account isn't used to violate any security.

What is the smallest unit of access?  We should use that for digital cash.
Let's say I purchase 100 units of access on your system.  You issue a
certificate that I have this access on demand.  Then when we have an IRC
digital auction for the blueprints of Megacorp's new xray laser, I can
display my certificate and make a bid.

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