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Change Zerocash text

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Jeffrey Burdges 2017-05-17 23:39:10 +02:00
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doc/paper/taler.tex
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@ -300,11 +300,16 @@ blockchain's decentralized nature to escape anti-money laundering
regulation~\cite{molander1998cyberpayments} as they provide anonymous, regulation~\cite{molander1998cyberpayments} as they provide anonymous,
disintermediated transactions. disintermediated transactions.
Unlike Taler, Zerocash fully hides transacted amounts as well both the sender Unlike Taler, Zerocash hides transacted amounts as well as both the
and receiver, giving an exceptionally high level of anonymity. This comes at sender and receiver, giving it a larger anonymity set than Taler under
the cost of usage for illegitimate purposes such as money laundering and tax equal usage levels. A Taler exchange can process transactions many
evasion, as well as confirmation times and processing fees that are many orders orders of magnitude faster and more cheaply than any blockchain-based
of magnitude larger. cryptocurrency like Zerocash. It follows that, assuming reasonable
adoption levels for both, Taler will yield stronger anonymity for
ordinary purchases, although Zerocash should retian an advantage for
large transactions that never get cashed out into another currency.
In addition, Zerocash's anonymity for the receiver enables an array of
illegal activities like extortion, money laundering, and tax evasion.
GreenCoinX\footnote{\url{https://www.greencoinx.com/}} is a more GreenCoinX\footnote{\url{https://www.greencoinx.com/}} is a more
recent AltCoin where the company promises to identify the owner of recent AltCoin where the company promises to identify the owner of