Diffstat (limited to 'index.rst')
1 files changed, 8 insertions, 8 deletions
@@ -3,21 +3,21 @@ GNU Taler Documentation
We are building an anonymous, taxable payment system using modern
cryptography. Customers will use traditional money transfers to send
-money to a digital Mint and in return receive (anonymized) digital
+money to a digital Exchange and in return receive (anonymized) digital
cash. Customers can use this digital cash to anonymously pay
Merchants. Merchants can redeem the digital cash for traditional
-money at the digital Mint. As Merchants are not anonymous, they can
+money at the digital Exchange. As Merchants are not anonymous, they can
be taxed, enabling income or sales taxes to be withheld by the state
while providing anonymity for Customers.
Cryptography is used to ensure that none of the participants can
defraud the others without being detected immediately; however, in
-practice a fradulent Mint might go bankrupt instead of paying the
-Merchants and thus the Mint will need to be audited regularly like any
+practice a fradulent Exchange might go bankrupt instead of paying the
+Merchants and thus the Exchange will need to be audited regularly like any
other banking institution.
The system will be based on free software and open protocols.
-In this document, we describe the REST-based API of the Mint,
+In this document, we describe the REST-based API of the Exchange,
which is at the heart of the system.
@@ -25,13 +25,13 @@ which is at the heart of the system.
-The *Operator Handbook* is for people who want to run a mint or a merchant.
+The *Operator Handbook* is for people who want to run a exchange or a merchant.
It focuses on how to install, configure and run the required software.
@@ -64,7 +64,7 @@ interfaces between the core components of Taler.