At 5:18 AM 5/9/96, watson@tds.com wrote:

tcmay's approach is elegant, and it's refreshing to find a practical use for AI approaches. I think it needs one more step, though. If we learn to quantify our trust in a key, we still need to know what the threshold should be for a given application. Maybe I can get by with a 0.05 Bel for posting to cypherpunks, but maybe I want a 0.95 for a monetary transaction. Seems to need a comprehensive risk management approach,

[was the rest accidentally cut off?] Anyway, I agree that a more comprehensive system is needed. But even attaching belief estimates to keys, for example, goes a long way in letting others than do some transitive calculations. --Tim May Boycott "Big Brother Inside" software! We got computers, we're tapping phone lines, we know that that ain't allowed. ---------:---------:---------:---------:---------:---------:---------:---- Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets, Licensed Ontologist | black markets, collapse of governments. "National borders aren't even speed bumps on the information superhighway."