[1837] in cryptography@c2.net mail archive

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Re: SET

daemon@ATHENA.MIT.EDU (Jeremey Barrett)
Wed Nov 12 15:08:32 1997

Date: Wed, 12 Nov 1997 11:18:07 -0800
To: Robert Hettinga <rah@shipwright.com>
Cc: Doug_Tygar@cs.cmu.edu, dcsb@ai.mit.edu, cypherpunks@algebra.com,
        cryptography@c2.net, kawakura@cmu.edu
In-Reply-To: <v031107d1b08f8f625fc9@[139.167.130.248]>
From: Jeremey Barrett <jeremey@bluemoney.com>

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Robert Hettinga writes:
 > 
 > Personally, I'm becoming convinced that SET is practically Ptolmaic in it's
 > complexity. You can get money from point A to point B, but you have to go
 > through a lot of epicycles to get there.

Agreed, SET is overengineered hogwash.

 > 
 > Unfortunately, I think that no MIS manager will get fired for using SET, and
 > it'll take a serious demonstration of a security breach before people will
 > listen to anything else. At least until someone demonstrates a transaction
 > protocol which is, say 3 orders of magnitude cheaper...

Perhaps... OTOH, SET is SO bad that it will be impossible to deploy,
probably forcing everyone away from it anyway.

As far as a better protocol, it's already designed, implemented, and
running quite nicely in our software. :-)

Regards,
Jeremey.
- -- 
Jeremey Barrett                                BlueMoney Software Corp.
Crypto, Ecash, Commerce Systems               http://www.bluemoney.com/
PGP key fingerprint =  3B 42 1E D4 4B 17 0D 80  DC 59 6F 59 04 C3 83 64

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