transaction costs in anonymous markets

[s1018954 at aix2.uottawa.ca]

On Wed, 18 Oct 1995, David Murray wrote:

> B. Unilateral Anonymity. One party to the transaction is known, but the other
> is unknowable. An example might be subscribing for a digital security with
> ecash - the issuer is known, but the purchaser is anonymous.
> 
> C. Bilateral Anonymity. The identities of both parties to the transaction
> are unknowable. This might be the case on a cypherpunk stock exchange...
Or we could use the client/server terminology when possible.