[e-cvs] cvs commit: e/doc/talks/pisa/paper index.html

[markm@eros.cs.jhu.edu]

markm       01/12/28 13:50:55

  Modified:    doc/talks/pisa/paper index.html
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Index: index.html
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RCS file: /cvs/e/doc/talks/pisa/paper/index.html,v
retrieving revision 1.22
retrieving revision 1.23
diff -u -r1.22 -r1.23
--- index.html	2001/12/28 18:49:59	1.22
+++ index.html	2001/12/28 18:50:55	1.23
@@ -491,16 +491,16 @@
         to speculate on the possible organization of the market for smart contract 
         creation.)</p>
       <p>The &quot;$-Issuer&quot; and the &quot;Stock-Issuer&quot; transforms 
-        the movement of pieces into a transfer of <i>third-party-assayable electronic 
-        rights</i>, or <i>erights</i>. A $-Issuer, or more conventionally a bank, 
-        is effectively a title company for money. For money on record at the bank, 
-        the rights to the money changes hands by the transfer of quantity between 
-        accounts -- shown above as <i>purses</i> within the issuers. When Alice 
-        places the gold bar on the board, her computer, the $-Issuer, and the 
-        contract host engage in a three-way cryptographic transaction that bring 
-        about the transfer of title, at the $-Issuer, of that much money from 
-        Alice to the contract host. An honest contract host would consider this 
-        money to be only a piece on the board, which can be picked up (transfered 
+        the movement of pieces into a transfer of <i>third-party-assayable transferable 
+        electronic rights</i>, or <i>erights</i>. A $-Issuer, or more conventionally 
+        a bank, is effectively a title company for money. For money on record 
+        at the bank, the rights to the money changes hands by the transfer of 
+        quantity between accounts -- shown above as <i>purses</i> within the issuers. 
+        When Alice places the gold bar on the board, her computer, the $-Issuer, 
+        and the contract host engage in a three-way cryptographic transaction 
+        that bring about the transfer of title, at the $-Issuer, of that much 
+        money from Alice to the contract host. An honest contract host would consider 
+        this money to be only a piece on the board, which can be picked up (transfered 
         to the possession of a player) according to whatever may be the rules 
         of the game. We refer to this as <i>oblivious escrow</i> -- the contract 
         host, merely by running the contract, ensures that rights in escrow can