commit 152396f1aa57fecd2bc2fee4f0c3b8679e6e259b
parent 8dfb3b87b47ca2d25f6bdcbdfa2acc517fbe6ae2
Author: Jeff Burdges <burdges@gnunet.org>
Date: Sat, 21 May 2016 21:44:05 +0200
Oops, I hadn't quite finished some edits there
Diffstat:
1 file changed, 5 insertions(+), 6 deletions(-)
diff --git 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
