path: root/doc
diff options
authorJeffrey Burdges <>2017-05-17 23:39:10 +0200
committerJeffrey Burdges <>2017-05-17 23:39:10 +0200
commit71ab77bb6056760fd78fc18a66c7d633970865fa (patch)
treebfb004cdbe7f17c9f16e8228d2f04295755b6acc /doc
parentdf52ddc749b44bc9023754c9d475d649450dd4f0 (diff)
Change Zerocash text
Diffstat (limited to 'doc')
1 files changed, 10 insertions, 5 deletions
diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex
index 7d3548cd..1805e922 100644
--- a/doc/paper/taler.tex
+++ b/doc/paper/taler.tex
@@ -300,11 +300,16 @@ blockchain's decentralized nature to escape anti-money laundering
regulation~\cite{molander1998cyberpayments} as they provide anonymous,
disintermediated transactions.
-Unlike Taler, Zerocash fully hides transacted amounts as well both the sender
-and receiver, giving an exceptionally high level of anonymity. This comes at
-the cost of usage for illegitimate purposes such as money laundering and tax
-evasion, as well as confirmation times and processing fees that are many orders
-of magnitude larger.
+Unlike Taler, Zerocash hides transacted amounts as well as both the
+sender and receiver, giving it a larger anonymity set than Taler under
+equal usage levels. A Taler exchange can process transactions many
+orders of magnitude faster and more cheaply than any blockchain-based
+cryptocurrency like Zerocash. It follows that, assuming reasonable
+adoption levels for both, Taler will yield stronger anonymity for
+ordinary purchases, although Zerocash should retian an advantage for
+large transactions that never get cashed out into another currency.
+In addition, Zerocash's anonymity for the receiver enables an array of
+illegal activities like extortion, money laundering, and tax evasion.
GreenCoinX\footnote{\url{}} is a more
recent AltCoin where the company promises to identify the owner of