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