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author | Florian Dold <florian.dold@gmail.com> | 2019-05-04 17:15:04 +0200 |
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committer | Florian Dold <florian.dold@gmail.com> | 2019-05-04 17:15:04 +0200 |
commit | 3a5d193807c573c0611e2a8ea21de66bf5f35d35 (patch) | |
tree | 9b928d0102422ffacc15886d0fbac8acc23630cb /conclusions.tex | |
parent | dd15e37e214904e1f9dc9f9bd0a57d247cca653f (diff) | |
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rogaway fixes
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-rw-r--r-- | conclusions.tex | 7 |
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diff --git a/conclusions.tex b/conclusions.tex index 54e5bd1..492397f 100644 --- a/conclusions.tex +++ b/conclusions.tex @@ -126,7 +126,7 @@ Currencies serve three key functions in society:~\cite{mankiw2010macroeconomics} \end{enumerate} How do the various methods measure up to these requirements? -\section{Cryptocurrencies vs. Central Bank Issued Currencies} +\section{Cryptocurrencies vs. Central-Bank-Issued Currencies} \begin{figure} \centering @@ -157,7 +157,8 @@ activity from tax evasion to financing of terrorism. These problems are easily addressed by combining the register (or ledger) with a central bank providing a regulatory framework and monetary policy, including anti-money-laundering and -know-your-customer enforcement. Such central bank issued currencies +know-your-customer enforcement. Such central-bank-issued currencies + may be able to improve the availability, integrity and performance of their register using our Byzantine Set Consensus protocol in lieu of simplistic provisioned blockchains. @@ -203,7 +204,7 @@ Central banks are carefully considering what might be the right technology to implement an electronic version of their centrally banked currency, and with Taler we hope to address most of their concerns. Nevertheless, all electronic payment systems, including Taler even -when backed by central bank-issued currencies, come with their own +when backed by central-bank-issued currencies, come with their own inherent set of risks:~\cite{riksbank2017riksbank} \begin{itemize} |