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Subject: For Tuesday mtg -- collaborations (shortish)
This message is about collaborations. There is another one about REA. Bearing in mind that we should only do things in 1.0 that we can thoroughly understand between now and March 19th: 1. I think we want the BP SS to allow the formation of rudimentary contracts. That means assembly of economic commitments into an agreed set and identified as legally binding. 2. We need at least two things to do that. One is nested collaborations, the other is some kind of conditional relationship between transactions. Everyone seems to agree on the former, so I'm assuming nested collaborations are a given. The rest of this message is about conditionality. 3. A month ago we were discussing the conditionality issue in terms of transaction end-states and pre-conditions. You will recall that Bob Haugen described three or four levels of functionality here, ranging from simple ("1") fixed-string messages to ("3") full-blown modelled multiparty signals. 3. As you know from documents sent around, Haugen and Welsh and Sharma and I have been testing the possibility of achieving some simple level of functionality at the ("1") level, using simple request-response patterns, and a "legal" or "binding" data element. 6. In January Karsten (and I, and others) thought that it would be beyond our reach to carefully and responsibly roll out levels "2", or "2 plus", or "3" in the right weeks remaining until March 19th. As I understand Karsten's comments Monday and (to the extent I have been able to digest them) e-mails late Monday, he is proposing a "2 plus" system, to be fully worked out in the three weeks remaining until March 19th. I am concerned that I agree with January Karsten, not February Karsten, about what's achievable in the time remaining. 7. While there may be great merit in the materials sent around last night at 11:30 pm, which I have not yet fully digested, I am not keen on leaving behind both the "collaboration" work done in November, and the work we have been doing over the last three or four weeks, to start again today based on a new intellectual platform. I would like to discuss this at today's conference call. Jamie James Bryce Clark Spolin Silverman & Cohen LLP 310 586 2404 jbc@lawyer.com
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