article on Rivest and Micali's Peppercoin system

Steve Schear s.schear at comcast.net
Thu Nov 20 16:59:36 PST 2003


At 11:37 AM 11/17/2003 -0500, Steve Bellovin <smb at research.att.com> wrote:
>http://www.technologyreview.com/articles/huang1203.asp

A nice puff piece but it steers clear of well know, if not respected, 
prognosticators that poo-poo any near-term potential for 
micro-payments.  Conspicuously absent is e-gold which predates all of the 
listed vendors, does a daily average of $3 million in transactions, 
relatively simple to use, requires no special end-user software and 
internally cost effective enough to handle payments less than $0.01.  It 
seems e-gold has been smeared (unfairly I think) in the press as only 
attracting gray market types.

steve 

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