From 1e55d70f525cbb46b87668e44da457bd14c334a2 Mon Sep 17 00:00:00 2001 From: Thien-Thi Nguyen Date: Fri, 26 Feb 2021 00:42:55 -0500 Subject: use more precise formulation for step 5 --- frags/taler-payment-cycle.rst | 6 ++++-- 1 file changed, 4 insertions(+), 2 deletions(-) (limited to 'frags') diff --git a/frags/taler-payment-cycle.rst b/frags/taler-payment-cycle.rst index a40dd356..94dd5c8d 100644 --- a/frags/taler-payment-cycle.rst +++ b/frags/taler-payment-cycle.rst @@ -28,8 +28,10 @@ transfers payment coins from the wallet to (c), and change coins from (b) to the wallet (unless the payment amount exactly matches the denomination of the coins in the wallet). -In step 5, (c) *deposits* coins into (b). These coins are still anonymous, -although the transaction itself is not anonymous. +In step 5, (c) *deposits* coins into (b). At this point, (b) knows the +identity of (c), but not of (a). Taler uses cryptography to validate that the +coins are unique and were issued by (b), but (b) cannot determine to whom the +coins were originally issued. In step 6, (b) directs (e) to wire transfer real funds corresponding to the accumulated deposited coins to (f). -- cgit v1.2.3