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Mention refresh protocol in abstract

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Jeff Burdges 2016-09-12 14:36:38 +02:00
parent 1078a42847
commit 7409a6d1b9
1 changed files with 8 additions and 7 deletions
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doc/paper/taler.tex
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@ -72,7 +72,7 @@
\maketitle
\begin{abstract}
This paper introduces Taler, a Chaum-style digital currency that
This paper introduces {\em Taler}, a Chaum-style digital currency that
enables anonymous payments while ensuring that entities that receive
payments are auditable and thus taxable. In Taler, customers can
never defraud anyone, merchants can only fail to deliver the
@ -81,12 +81,13 @@ fully audited. All parties receive cryptographic evidence for all
transactions; still, each party only receives the minimum information
required to execute transactions. Enforcement of honest behavior is
timely, and is at least as strict as with legacy credit card payment
systems that do not provide for privacy. Taler allows fractional
payments while maintaining unlinkability of transactions. We argue
that Taler provides a secure digital currency for modern liberal
societies as it is a flexible, libre and efficient protocol and
adequately balances the state's need for monetary control with the
citizen's needs for private economic activity.
systems that do not provide for privacy. Taler unique {\em refresh
protocol} allows fractional payments and refunds while maintaining
anonymity of the customer and unlinkability of transactions.
We argue that Taler provides a secure digital currency for modern
liberal societies as it is a flexible, libre and efficient protocol
and adequately balances the state's need for monetary control with
the citizen's needs for private economic activity.
\end{abstract}
\section{Introduction}