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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,
disintermediated transactions.
Unlike Taler, Zerocash fully hides transacted amounts as well both the sender
and receiver, giving an exceptionally high level of anonymity. This comes at
the cost of usage for illegitimate purposes such as money laundering and tax
evasion, as well as confirmation times and processing fees that are many orders
of magnitude larger.
Unlike Taler, Zerocash hides transacted amounts as well as both the
sender and receiver, giving it a larger anonymity set than Taler under
equal usage levels. A Taler exchange can process transactions many
orders of magnitude faster and more cheaply than any blockchain-based
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
recent AltCoin where the company promises to identify the owner of