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Jeff Burdges 2016-05-21 21:44:05 +02:00
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doc/paper/taler.tex
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@ -319,12 +319,11 @@ Taler avoids include:
detection of double-spending, requires the exchange to attempt to detection of double-spending, requires the exchange to attempt to
recover funds from delinquent customers via the legal system. recover funds from delinquent customers via the legal system.
Any system like this that fails to be self-enforcing creates a major Any system like this that fails to be self-enforcing creates a major
business risk for the exchange. In 1983, there were merchants without business risk for the exchange and merchants.
network connectivity In 1983, there were merchants without network connectivity, making that
need to have feature relevant, but today network connectivity should be feasible for
been a necessary feature. merchants, and saves both the exchange and merchants the business risks
However, today requiring network connectivity is feasible and avoids the business associated with deferred fraud detection.
risks associated with deferred fraud detection.
\item % In addition to the risk of legal disputes with fraudulent \item % In addition to the risk of legal disputes with fraudulent
% merchants and customers, % merchants and customers,
Chaum's published design does not clearly Chaum's published design does not clearly