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Just a few rewardings based on refere comments

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Jeff Burdges 2016-05-20 15:35:18 +02:00
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doc/paper/taler.tex
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@ -103,6 +103,9 @@ state to shape the society. As bribery is virtually impossible to
detect, corruption is widespread and not limited to social elites. detect, corruption is widespread and not limited to social elites.
ZeroCoin~\cite{miers2013zerocoin} is an example for translating such ZeroCoin~\cite{miers2013zerocoin} is an example for translating such
an economy into the digital realm. an economy into the digital realm.
% FIXME: Unclear referee comment :
% I didn’t understand why ZeroCoin is particularly suited for
% developing nations?
This paper describes Taler, a simple and practical payment system for This paper describes Taler, a simple and practical payment system for
a modern social-liberal society, which is not being served well by a modern social-liberal society, which is not being served well by
@ -155,8 +158,8 @@ believe needs a payment system with the following properties:
%, even when taking aborted transactions into account. %, even when taking aborted transactions into account.
\item[Taxability] \item[Taxability]
In many current legal systems, it is the responsibility of the merchant In many current legal systems, it is the responsibility of the merchant
to deduct (sales) taxes from purchases made by customers, or to to deduct (sales) taxes from purchases made by customers, or for workers
pay (income) taxes for payments received for work. to pay (income) taxes for payments received for work.
%Taxation is necessary for the state to %Taxation is necessary for the state to
%provide legitimate social functions, such as education. Thus, a payment %provide legitimate social functions, such as education. Thus, a payment
%system must facilitate sales, income and transaction taxes. %system must facilitate sales, income and transaction taxes.
@ -268,8 +271,8 @@ Yet, there are several major irredeemable problems inherent in their designs:
of securing the block chain consume a considerable amount of computational of securing the block chain consume a considerable amount of computational
resources and energy. So Bitcoin does not an environmentally responsible resources and energy. So Bitcoin does not an environmentally responsible
design. design.
\item Bitcoin transactions are not easily taxable, leading to legal hurdles. \item Bitcoin transactions have pseduononymous recipients, making taxation
% The legality and legitimacy of this aspect is questionable. problematic, and leading to legal hurdles.
The Zerocoin extension would only make this worse. The Zerocoin extension would only make this worse.
\item Bitcoins can not easily be bound to any fiat currency, leading to \item Bitcoins can not easily be bound to any fiat currency, leading to
significant fluctuations in value. These fluctuations may be desirable in significant fluctuations in value. These fluctuations may be desirable in
@ -394,11 +397,12 @@ assures customers and merchants that the exchange operates correctly.
Taler's security model assumes that cryptographic primitives are Taler's security model assumes that cryptographic primitives are
secure and that each participant is under full control of his system. secure and that each participant is under full control of his system.
The contact information of the exchange is known to both customer and The contact information of the exchange is known to both customer and
merchant from the start. Furthermore, the merchant communication's merchant from the start.
authenticity is assured to the customer, such as by using X.509 We further assume that the customer can authenticate the merchant,
certificates~\cite{rfc5280}, and we assume that an anonymous, reliable such as by using X.509 certificates~\cite{rfc5280}. % or Tor hidden services.
bi-directional communication channel can be established by the Finally, we assume that customer has an anonymous, reliable bi-directional
customer to both the exchange and the merchant, such as by using Tor. communication channel to both the exchange and the merchant, such as Tor.
% even without hidden services.
The exchange is trusted to hold funds of its customers and to forward them The exchange is trusted to hold funds of its customers and to forward them
when receiving the respective deposit instructions from the merchants. when receiving the respective deposit instructions from the merchants.