At 6:44 PM 5/16/96 -0400, E. ALLEN SMITH wrote:

From: IN%"frantz@netcom.com" 15-MAY-1996 22:39:50.97

...

You could require daily payment and forgo the escrow agent. (Assuming you are willing to risk a day's pay as an experiment in reputation.) Note that

This could work for fixed payments. But what about things like profit-sharing?

I think building trust in this kind of thing is a big problem. There are so many ways you can get ripped off. Failure to distribute. Fake costs in the accounting. Off record sales of the product. Phantom partners who do nothing but funnel profits to someone. etc. etc. etc. A fully anonymous audit may be what is needed, unless you are able to build enough trust in an individual nym that you won't get ripped off. Anyone got a protocol for fully anonymous auditing? ------------------------------------------------------------------------ Bill Frantz | The CDA means | Periwinkle -- Computer Consulting (408)356-8506 | lost jobs and | 16345 Englewood Ave. frantz@netcom.com | dead teenagers | Los Gatos, CA 95032, USA