middle paragraph in conclusion did not flow,

It read like two unconnected sentences.
This commit is contained in:
Jeff Burdges 2016-08-22 02:41:09 +02:00
parent 9df9f6e3fb
commit 513357ee47

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@ -1290,16 +1290,16 @@ counterfeit money.
% CG: No, it's not optional, ``should'' doesn't come into the equation % CG: No, it's not optional, ``should'' doesn't come into the equation
% here. It's a mandatory business expense. % here. It's a mandatory business expense.
Furthermore, merchants have the cost of maintaining change and depositing Furthermore, merchants have the cost of maintaining change and depositing
the money earned. With Bitcoin, there is no definitive time until a the money earned. At the extreme, there is no definitive time until a
payment can be said to be confirmed (step 19, Figure~\ref{fig:bitcoin}), Bitcoin payment can be said to be confirmed (step 19, Figure~\ref{fig:bitcoin}),
leaving merchants in a bit of a tricky situation. leaving merchants in a bit of a tricky situation.
Addressing the scalability problems of Bitcoin in the style of BOLT Finally, attempts to address the scalability hudles of Bitcoin using
introduces semi-centralized intermediaries, similar to Taler's use of side-chains or schemes like BOLT introduces semi-centralized
exchanges. We expect a Taler exchange operating in BTC to offer intermediaries, not wholey unlike Taler's use of exchanges.
stronger security to all parties and stronger anonymity to customers, We expect a Taler exchange operating in BTC to offer stronger security
as well as being vastly cheaper to operate and more compatible with to all parties and stronger anonymity to customers, as well as being
existing financial regulations. vastly cheaper to operate and more compatible with existing financial regulations.
\section{Future work} \section{Future work}
@ -1388,10 +1388,9 @@ and usability.
% CG: I'd say on the customer side, the signed contract is a receipt. % CG: I'd say on the customer side, the signed contract is a receipt.
% That should be intuitive. % That should be intuitive.
We expect that electronic wallets that automatically collect digitally We expect that electronic wallets that automatically collect digitally
signed receipts for transactions will become commonplace. A key signed receipts for transactions will become commonplace.
question for the future is thus whether this data collection will be In this way, Taler gives the user full control over the usage of their
done on behalf of the citizens and under their control, or on behalf transaction history, as opposed to giving control to big data corporations.
of the Reich of big data corporations.
We encourage readers to try our prototype for Taler We encourage readers to try our prototype for Taler
at \url{https://demo.taler.net/}, and to ponder why the billion dollar at \url{https://demo.taler.net/}, and to ponder why the billion dollar