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@@ -337,7 +337,7 @@ key reasons for DigiCash's failure include:
\item % In addition to the risk of legal disputes wh fraudulent
% merchants and customers,
Chaum's published design does not clearly
- limit the financial damage a exchange might suffer from the
+ limit the financial damage an exchange might suffer from the
disclosure of its private online signing key.
\item Chaum did not support fractional payments or refunds without
weakening customer anonymity.