[Webfunds-users] Accepting DigiGold at site

Sat, 27 Jan 2001 14:11:09 -0400

Bob wrote:
> 
> I'm playing with 2 SOX sub accounts to try to figure out instructions
> that I should put on a Web site for accepting DigiGold grams of gold.
> 
> I had 5 g of gold in an existing SOX sub account. I successfully
> spent 1 of those gs to a new (second) SOX sub account. The new
> (second) account is in my WebFunds wallet, too.
> 
> I highlighted the DigiGold contract that I wanted to pay *from*.
> >From the payment window's Target drop down menue I selected the
> name (I had given this account a name) of the account I wanted
> to pay *to*. I made a "Direct Transfer". It was successful. I now
> have one g in the new account and 4 gs in the old account after
> updating both contracts in both sub accounts.
> 
> But I now have 3.000 under the Pending column of the old account.
> Any body have an idea what this is about? Does this refer to gs?
> Or transactions that haven't been updated?

Pending means that there is a Payment that has been written but
not as yet settled.  If you pop up your History for that account/contract,
you will see that the Payment is sitting there with a Pending status,
you can hit Cancel any time to kill it.

Once cancelled, the Pending balance will go back to zero and the
main balance will go back to whatever it was.

> I haven't been able to pay that 1 g back to the old account yet.
> 2 times I got a not enough money in the account notice. The third
> time I got a successful deposit notice. But updating doesn't change
> anything. The accounts are stil 4 g and 1 g. Maybe the server isn't
> ready to do this yet? Work being done under the hood?

Nothing's happening today, although yesterday we moved the
Issuer into a new rack, so it was down for a brief period.

> So I try a payment from the old to the new account again.
> This time I type in the name of the new account to be paid.
> In the empty Target field above the Target drop down list.
> Type in the amount. Hit "Direct Transfer". And get:
> "The target account is not known? Are you sure you wish to
> make this deposit? (as the account is not controlled here,
> you may never be able to access the funds!")

Right, you can't type in the petname of the account
in that window - I guess that's a bug.  You either use
the dropdown or cut&paste a hash into the box.

> For now, would I have to send a zeroe bearer payment to a customer
> for a customer to get my account number? And take PGP encrypted
> bearer payments?

>From a merchant perspective, you should definately do a
direct transfer - ask the customer to send you a zero
payment, and when you deposit that, add a name to it.
Basically, tell the customer you'll direct deposit to
an account of their choice, but you want to do a direct
deposit because you don't want the payment hanging around
for ever....

Of course, if you get the wrong zero payment, or they delete
the account, or lose their PC, then sorry!

-- 
iang