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author | Florian Dold <florian.dold@gmail.com> | 2019-05-04 23:18:37 +0200 |
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committer | Florian Dold <florian.dold@gmail.com> | 2019-05-04 23:18:37 +0200 |
commit | af9ef9393612917fb13621af675865b0000d989d (patch) | |
tree | 769353e0261851bf01d19d713b9505352b7e7663 /introduction.tex | |
parent | 3a5d193807c573c0611e2a8ea21de66bf5f35d35 (diff) | |
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Diffstat (limited to 'introduction.tex')
-rw-r--r-- | introduction.tex | 7 |
1 files changed, 3 insertions, 4 deletions
diff --git a/introduction.tex b/introduction.tex index 06722bd..aaf9a08 100644 --- a/introduction.tex +++ b/introduction.tex @@ -10,7 +10,7 @@ responsible. Payment systems can generally be divided into two types: Register-based and value-based~\cite{riksbank2017riksbank}. A register-based system -associates value with identities (e.g. bank account balances with +associates value with identities (e.g., bank account balances with customers), while a value-based system associates value with typically anonymous, digital or physical tokens (such as cash or prepaid credit cards). In practice, these two types of systems are combined, as @@ -51,7 +51,6 @@ implementations are freely available from the GNU mirrors. \section{Design Goals for GNU Taler} -% FIXME: too political / cringey! (esp. weak states) The design of payment systems shapes economies and societies \cite{zandi2013impact,dalebrant2016monetary}. Payment systems with high transaction costs create an economic burden. Predominantly cash-based @@ -158,7 +157,7 @@ supports the more highly ranked goal is preferred: The reason behind this goal is similar to (\ref{item:privacy}). The privacy of buyers is given priority, but other parties such as merchants - still benefit from it, for example by keeping details about the merchant's financials + still benefit from it, for example, by keeping details about the merchant's financials hidden from competitors. @@ -492,7 +491,7 @@ with the carbon paper\footnote{% When put face-down between two sheets of normal paper, the pressure from writing with a pen or typewriter on the first layer causes pigment to be deposited on the paper beneath, allowing a copy to be made. -} analogy: A long, random serial number is generated, for example by throwing +} analogy: A long, random serial number is generated, for example, by throwing a die a few dozen times, and written on a piece of paper. A carbon paper is placed on top, with the pigmented side facing down, and both pieces of paper are put into an opaque envelope. The envelope is now sealed and brought to a |