ecoin.net: anonymous payments today?

Adam Back adam at cypherspace.org
Tue Nov 20 13:07:19 PST 2001


Are you sure it's using blind coins?

	http://www.ecoin.net/help/operation.htm

> As far as the anonymity is concerned, token provides an insulation
> of customer's identity from the purchase. However, at this point,
> the linkage between the customer and the tokens is forced because we
> feel traceability is more important than anonymity in this beginning
> phase of our operation. Thus the customer is NOT anonymous to the
> broker because the server traces the connection between the customer
> and the token at download time. This connection can be disabled (in
> the future), but then the traceability is lost. If there is any
> dispute about one transaction, lack of traceability will be a
> problem.

Adam


On Tue, Nov 20, 2001 at 10:14:15AM -0700, Anonymous wrote:
> 
> Back in 1999, Steve Lihn posted to cypherpunks and some other mailing
> lists about his new online payment system, ecoin.net.  He intended to
> work towards a blind coin system based on David Wagner's alternative to
> Chaum blinding, as implemented by Ben Laurie in the lucre library.





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