Zerocoin -> Zerocash
Replace zerocoin with zerocash and fix incorrect critisisms
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@ -118,7 +118,7 @@ activity, and this limits the ability of the state to shape the
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society. As bribery is virtually impossible to detect, corruption is
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widespread and not limited to social elites.
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%
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Zerocoin~\cite{miers2013zerocoin} is an example for translating an
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Zerocash~\cite{zerocash} is an example for translating an
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anarchistic economy into the digital realm.
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This paper describes Taler, a simple and practical payment system for
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@ -188,7 +188,7 @@ in this class is Bitcoin~\cite{nakamoto2008bitcoin}. An initial
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concern with Bitcoin was the lack of anonymity, as all Bitcoin
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transactions are recorded for eternity, which can enable
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identification of users. In theory, this concern has been addressed
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with the Zerocoin extension to the protocol~\cite{miers2013zerocoin}.
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in the alternatve Zerocash protocol~\cite{zerocash}.
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The key contribution of blockchain-based protocols is that
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they dispense with the need for a central, trusted
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@ -201,7 +201,7 @@ Yet, there are several major irredeemable problems inherent in their designs:
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So Bitcoin is an environmentally irresponsible design.
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\item Bitcoin transactions have pseduononymous recipients, making taxation
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hard to systematically enforce.
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The Zerocoin extension makes this worse.
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The Zerocash extension makes this worse.
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\item Bitcoin introduces a new currency, creating additional
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financial risks from currency fluctuation.
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\item Anyone can start an alternative Bitcoin transaction chain,
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@ -216,13 +216,14 @@ Yet, there are several major irredeemable problems inherent in their designs:
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% currency exchange and exacerbates the problems with currency fluctuations.
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\end{itemize}
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Anonymity extensions for BitCoin such as Zerocoin~\cite{miers2013zerocoin}
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and BOLT~\cite{BOLT} are also limited to transactions with coins
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of fixed discrete value, creating problems with giving change we
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outlined in the introduction. Furthermore, these extensions have
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problems with aborted transactions, which can reduce the anonymity
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set. Taler's refresh protocol also addresses the problem of aborted
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transactions, ensuring that aborts cannot be used to attack the
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Anonymous alternatives to BitCoin such as Monero~\cite{??},
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Zerocash~\cite{zerocash}, its predecessor Zerocoin~\cite{miers2013zerocoin},
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and the recently proposed BOLT~\cite{BOLT} each have different technical
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limitations. Yet, all exacerbate BitCoin's inherent issues with
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transaction certenty and performance by require excessive
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computation, more blockchain transactions, etc. By comparison,
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Taler's refresh protocol handles aborted transactions with minimal
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overhead, and ensures that aborts cannot be used to attack the
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privacy assurances of the system.
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%GreenCoinX\footnote{\url{https://www.greencoinx.com/}} is a more
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