[mnet-devel] Incentive enginerring

[Jim McCoy]

On Tuesday, March 25, 2003, at 11:46 AM, Ian Grigg wrote:

> On Tuesday 25 March 2003 13:39, Jim McCoy wrote:
>>   Most general payment systems are
>> designed for a completely different level of granularity in
>> transactions and carry with them the additional overhead needed for a
>> general purpose solution.
>
> What level of granularity did you have in mind?
> By way of a "requirement" that is?

Exchanging 2K of data in a transaction with a peer with whom you will 
end up exchanging 20K in data and messages over the course of a month, 
etc.  We are not talking about "micro"-payments here, but 
nano-payments. One of the aims of the original MojoNation payment 
system was to facilitate these sorts of transactions. Another point to 
consider here is the cost of any sort of dispute resolution or 
reconciliation system, if a user has to get involved at all then the 
system costs too much...

Jim



-------------------------------------------------------
This SF.net email is sponsored by:
The Definitive IT and Networking Event. Be There!
NetWorld+Interop Las Vegas 2003 -- Register today!
http://ads.sourceforge.net/cgi-bin/redirect.pl?keyn0001en
_______________________________________________
mnet-devel mailing list
mnet-devel at lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/mnet-devel