[dgc.chat] Micropayments and the incentive program at e-gold

Jim Davidson davidson at net1.net
Sat Jun 7 04:40:31 PDT 2003


Dear James,

Jay Wherley is the head tech guy at e-gold.com so
wwe can rely on his views below.  The incentive
payments and the payment receive fee are not
counted as "spends" for the statistics on the
e-gold.com/stats.html page.

One correspondent suggested to me that there may
be one or more "spread spectrum" accounts.  The
way such an account would work is that a 'bot
would create 10,000 e-gold accounts.  Other
software for bulk payments would be used to
spend one ten thousandth of each payment from
each of these accounts to the intended recipient.
Why do so?  Doing so would diversify the risk of
any one account being closed, make the process
of tracking the account history data much harder
for prosecutors and others with court orders,
and generally enhance privacy to some extent.

Of course, this idea was indicated as a chimera,
something that has been discussed but no one
knows if anyone has ever implemented it.

Meanwhile, I suggest a few games of poker at
  http://8715605.thegoldcasino.com

I hope this message has been helpful.  Jay's
detailed response below.

Regards,

Jim
  http://www.ezez.com/




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