[114681] in cryptography@c2.net mail archive

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Re: Fixing SSL (was Re: Dutch Transport Card Broken)

daemon@ATHENA.MIT.EDU (James A. Donald)
Wed Feb 6 13:15:12 2008

Date: Mon, 04 Feb 2008 18:43:49 +1000
From: "James A. Donald" <jamesd@echeque.com>
To: StealthMonger <StealthMonger@nym.panta-rhei.eu.org>
CC: cryptography@metzdowd.com
In-Reply-To: <20080203020828.513A763AC3@panta-rhei.eu.org>

StealthMonger wrote:
 > They can't be as "anonymous as cash" if the party
 > being dealt with can be identified.  And the party can
 > be identified if the transaction is "online,
 > real-time".  Even if other clues are erased, there's
 > still traffic analysis in this case.
 >
 > What the offline paradigm has going for it is the
 > possibility of true, untraceable anonymity through the
 > use of anonymizing remailers and related technologies.

A ripple payment protocol could in practice much
resemble an onion protocol.  Someone trying to trace a
ripple payment might find that the first level is some
highly cooperative bank, and the next level is someone
in the Carribean who will cooperate only if offered a
suitable inducement, and upon a suitable inducement
being applied, reveals that the next level is ....

I suspect, however, that ripple is apt to be a violation
of the money laundering laws, with ripple intermediaries
being defined as straw men or smurfs.

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