From: Lucky Green <shamrock@cypherpunks.to>
Date: Wed, 12 Nov 1997 12:37:00 +0800
To: John Young <jya@pipeline.com>
Subject: Re: FRB Crypto Systems
In-Reply-To: <1.5.4.32.19971112020047.00a4d1e0@pop.pipeline.com>
Message-ID: <Pine.BSF.3.96.971112052349.24855C-100000@pakastelohi.cypherpunks.to>
MIME-Version: 1.0
Content-Type: text/plain



On Tue, 11 Nov 1997, John Young wrote:
[On hardware crypto used in banking].

> Are these systems related to Kawika Daguio's comments on
> PCCIP forwarded by Declan yesterday? Anyone have more
> detailed info on the boards and link encryptors?

The hardware crypto used by banking networks is universally
underperforming and overpriced. As the leading vendor is losing market
share due to the fact that customers are starting to wonder why they are
paying $5-10k for a device that is outperformed by a Pentium 90, some
enterprising vendor of such devices has aparently convinced the Fed to
help him elimiate  competition by means of regulations. Your basic
government contract con job.

-- Lucky Green <shamrock@cypherpunks.to> PGP v5 encrypted email preferred.
   "Tonga? Where the hell is Tonga? They have Cypherpunks there?"