add reserve state machine
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@ -125,8 +125,8 @@ payment.
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% FIXME: who needs to be trusted for anonymity?
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\subsection{Reserves}
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A \emph{reserve} refers to a customer's non-anonymous funds at an exchange,
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identified by a reserve public key. Suppose a customer wants to convert money
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into anonymized digital coins. To do that, the customer first creates a
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@ -149,7 +149,20 @@ customers that lost their reserve private key to eventually recover their
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funds. If a wire transfer to the exchange does not include a valid reserve public key,
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the exchange transfers the money back to the sender.
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% FIXME: this really needs a diagram
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Figure~\ref{fig:reserve:state} illustrates the state machine for a reserve.
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Long-terms states are shown in boxes, while actions are in circles. The
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final state is in a double-circle.
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A reserve is first {\em filled} by a wire transfer. The amount in it is reduced
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by withdraw operations. If the balance reaches zero, the reserve is
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{\em drained}. If a reserve is not drained after a certain amount of time,
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it is automatically closed. A reserve can also be filled via a recoup
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action in case that the denomination of an unspent coin that was
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withdrawn from the reserve is revoked.
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\begin{figure}
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\includegraphics{reserve.pdf}
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\caption{State machine of a reserve.}
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\label{fig:reserve:states}
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\end{figure}
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Instead of requiring the customer to manually generate reserve key pairs and
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copy them onto a wire transfer form, banks can offer tight integration with the
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@ -187,6 +200,7 @@ for acceptance as an IETF Internet Standard.
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% FIXME: withdrawal strategy, coin selection
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\subsection{Coins and Denominations}
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Unlike plain Chaumian e-cash, where a coin just contains a serial number, a
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\emph{coin} in Taler is a public/private key pair where the private key is only
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known to the owner of the coin.
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14
doc/system/taler/reserve.dot
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14
doc/system/taler/reserve.dot
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@ -0,0 +1,14 @@
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digraph Reserve {
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filled [color=blue, label="filled reserve", shape="box"];
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drained [color=blue, label="drained reserve", shape="doublecircle"];
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transfer->filled;
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recoup->filled;
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filled->withdraw;
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withdraw->drained;
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withdraw->filled;
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filled->close;
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close->drained;
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drained->recoup;
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}
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doc/system/taler/reserve.pdf
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BIN
doc/system/taler/reserve.pdf
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