---------- Forwarded message ---------- From: Dante-Gabryell Monson <[email protected]> Date: Thu, Dec 22, 2011 at 5:32 PM Subject: Fwd: Web Payments comparison: PaySwarm vs. OpenTransact To: Pelle's reply http://stakeventures.com/articles/2011/12/21/opentransact-the-payment-standa... ( to Manu's initial post on PaySwarm vs OpenTransact : http://manu.sporny.org/2011/**web-payments-comparison/<http://manu.sporny.org/2011/web-payments-comparison/> ) ---------- Forwarded message ---------- From: Pelle Braendgaard <[email protected]> Date: Wed, Dec 21, 2011 at 8:04 PM Subject: Re: Web Payments comparison: PaySwarm vs. OpenTransact To: Manu Sporny <[email protected]> Cc: Web Payments <[email protected]>, [email protected] I wrote the first part of my response here: http://stakeventures.com/articles/2011/12/21/opentransact-the-payment-standa... Pelle On Wed, Dec 21, 2011 at 12:26 AM, Manu Sporny <[email protected]>wrote:

Hi all,

Here is the first draft of the Web Payments technology analysis between PaySwarm and OpenTransact:

http://manu.sporny.org/2011/**web-payments-comparison/<http://manu.sporny.org/2011/web-payments-comparison/>

The analysis is fairly high-level. I tried not to get too in-depth for each feature, rather limiting each sub-topic to a brief introduction to the feature, how PaySwarm addresses the feature and how OpenTransact addresses the feature. It's around 5,300 words, 12 pages printed.

I will have inevitably made mistakes or overlooked some portion of OpenTransact, and I hope that Pelle suggests corrections in order to make the analysis as factually accurate as possible.

During the review, I noticed a few security concerns that I have with OpenTransact as well as a few design issues that I'd like Pelle to expand upon. I touch on them in the blog post above, but they really should have more focus put on them as they're basic design considerations that any financial system should take into account.

-- manu

-- Manu Sporny (skype: msporny, twitter: manusporny) Founder/CEO - Digital Bazaar, Inc. blog: The Need for Data-Driven Standards http://manu.sporny.org/2011/**data-driven-standards/<http://manu.sporny.org/2011/data-driven-standards/>

-- http://picomoney.com - Like money, just smaller http://stakeventures.com - My blog about startups and agile banking -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens