[Webfunds-users] Trader Plug-In and Web Funds Wallet

Mon, 19 Feb 2001 06:18:10 -0600

Hello!

I started playing with the Trader Plug-in for the Web Funds Wallet this
weekend, and am quite fascinated by it. I really think it's cool! However, I
disagree with the way that it's implemented. The functions in an exchange,
like the Trader Plug-In, should be on a separate server than DigiGold and
should operate on its own website, as opposed to being a part of the Web
Funds Wallet. Implementing the functions of a currency exchange, in the
wallet itself, has these effects:

1) It puts extra work on the DigiGold Servers, which should be run on
separate servers. If the Trader Exchange were run on a separate server, in
its own website, then once a DigiGold payment is sent to the Exchange, no
other exchanges would then need to occur on the DigiGold Server until the
user wanted to remove DigiGold from the Exchange, back to his wallet. As it
stands now, every exchange through the Trader Plug-In requires a
corresponding exchange from DigiGold. This puts unnecessary work on the
DigiGold server and establishes the precedent that other companies should do
the same. The goal should be to distribute the transaction load as much as
possible.

2) It establishes the principle that other companies can put their business
into the WebFunds Wallet. The wallet should be just that -- a wallet.
Logistically, it shouldn't include other functionality which could belong to
a third-party. If other companies continue this precedent and continue to
put their functionality into the wallet, then the wallet will become big,
bulky, and difficult to load and use.

So, my suggestion is to start a separate website, establish user accounts,
and split the functionality of the Trader Plug-In with those functions that
belong with DigiGold.

Sincerely,

Craig