Merge branch 'master' of git+ssh://taler.net/exchange
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\subsection{Offline Payments} \label{sec:offline}
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\subsection{Offline Payments} \label{sec:offline}
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Chaum's original proposals for anonymous digital cash avoided the need
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Anonymous digital cash schemes since Chaum were frequently designed
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for online interactions with the exchange to detect double spending by
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to allow the merchant to be offline during the transaction,
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providing a means to deanonymize customers involved in
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by providing a means to deanonymize customers involved in
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double-spending. This is problematic as the exchange or the merchant
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double-spending. We consider this problematic as either the
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still need out-of-band means to recover funds from the customer, which
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exchange or the merchant still requires an out-of-band
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may be infeasible in practice. Furthermore, a customer may
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means to recover funds from the customer, an expensive and
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accidentally deanonymize himself, for example by double-spending a
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unreliable proposition. Worse, there are unacceptable risks that
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coin after restoring from backup.
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a customer may accidentally deanonymize herself, for example by
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double-spending a coin after restoring from backup.
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\subsection{Merchant Tax Audits}
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\subsection{Merchant Tax Audits}
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