commit 09f30c1accfce19e062ee030a683785c941a1e49
parent 750cd1a4c9973b67986b4fd7c8eafc75ce395c50
Author: Özgür Kesim <oec-taler@kesim.org>
Date: Sat, 8 Jan 2022 10:39:29 +0100
typo fixed and more clearity
Diffstat:
1 file changed, 13 insertions(+), 13 deletions(-)
diff --git a/2022-privacy/privacy.tex b/2022-privacy/privacy.tex
@@ -107,19 +107,19 @@ soverenity of private citizens. We recently extended this principle also into
the domain of age-restrictions in e-commerce. Assuming that owners of
bank-accounts are mature adults, it allows them to withdraw age-restricted
coins for their wards. The wards can then anonymously spend the coins, but
-transactions will fail at merchants that sell goods with an age-restrictions
-exceeding the age-limit specified by the bank account holder acting as a
-guardian. The design guarantees that only information disclosed is that the
-age-restriction imposed by the merchant is satisfied. The payment service
-provider does not even learn that age-restrictions are being used, and
-merchants cannot distinguish successful purchases by adults from successful
-purchases by wards with a sufficiently high age-limit. Thus, this design
-offers a clear alternative to identity-based age-verification that is better
-aligned with the principle of subsidiarity which requires that we solve
-problems at the smallest unit that can solve them. And protecting the children
-should be the task of their parents. We argue that the ECB should merely give
-the parents the technical means to protect their children as they see fit,
-instead of taking control.
+transactions will fail at merchants that sell goods with an age-restriction
+exceeding the age-limit of the coins as specified by the bank account holder,
+acting as a guardian. This design guarantees that the only information
+disclosed is that the age-restriction imposed by the merchant is satisfied -
+but not the age itself. The payment service provider does not even learn that
+age-restrictions are being used, and merchants cannot distinguish successful
+purchases by adults from successful purchases by wards with a sufficiently high
+age-limit. Thus, this design offers a clear alternative to identity-based
+age-verification that is better aligned with the principle of subsidiarity
+which requires that we solve problems at the smallest unit that can solve them.
+And protecting the children should be the task of their parents. We argue that
+the ECB should merely give the parents the technical means to protect their
+children as they see fit, instead of taking control.
\section{Addressing Balance Sheet Disintermediation via Self-Custody}
