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Diffstat (limited to 'doc/paper/taler.tex')
| -rw-r--r-- | doc/paper/taler.tex | 11 |
1 files changed, 5 insertions, 6 deletions
diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex index 7d843a445..0edbba1de 100644 --- a/doc/paper/taler.tex +++ b/doc/paper/taler.tex @@ -319,12 +319,11 @@ Taler avoids include: detection of double-spending, requires the exchange to attempt to recover funds from delinquent customers via the legal system. Any system like this that fails to be self-enforcing creates a major - business risk for the exchange. In 1983, there were merchants without - network connectivity - need to have - been a necessary feature. - However, today requiring network connectivity is feasible and avoids the business - risks associated with deferred fraud detection. + business risk for the exchange and merchants. + In 1983, there were merchants without network connectivity, making that + feature relevant, but today network connectivity should be feasible for + merchants, and saves both the exchange and merchants the business risks + associated with deferred fraud detection. \item % In addition to the risk of legal disputes with fraudulent % merchants and customers, Chaum's published design does not clearly |