commit 714b06efd79a9609cecc6723883c3f3a1fb8ef97
parent 1bb2a62704e1c1ef1a977351463be8701556d843
Author: Jeffrey Burdges <burdges@gnunet.org>
Date: Fri, 20 Oct 2017 01:10:27 +0200
Jeff's suggestions
Diffstat:
1 file changed, 5 insertions(+), 5 deletions(-)
diff --git a/ekrona/e-krona.tex b/ekrona/e-krona.tex
@@ -55,7 +55,7 @@ The USPs of Taler are:
\item Payment fraud is eliminated, short of catastrophic failure in cryptographic primitives
\item Linear scalability ensures Taler handles transaction volumes of widely used systems
\item Suitable for micro-payments due to very low transaction costs
-\item Ease of use (one-click, instant, no authentication during payment)
+\item Ease of use (one-click, instant, no authentication during payment, again like cash)
\item Open standard protocol without patents, with free reference implementation
\end{itemize}
@@ -116,10 +116,10 @@ outlined in ``The Riksbank’s e-Krona project'' report.
The e-Krona Taler wallet can exist on smartphones, in browsers, on
smartcards or secure USB sticks. It is filled via wire-transfer to the
Taler exchange's escrow account, where the subject identifies the
-Taler wallet eligible to withdraw the e-Krona. Note that regulators
-could limit the amount an entity is entitled to exchange from Krona
-into e-Krona. When withdrawing electronic coins, they are blindly
-signed by the Taler exchange and stored in the consumer's wallet,
+Taler wallet eligible to withdraw the e-Krona. Regulators could
+limit the amount an entity is entitled to exchange from Krona into
+e-Krona, like ATM limits. When withdrawing electronic coins, they are
+blindly signed by the Taler exchange and stored in the consumer's wallet,
which is value-based. The consumer can then spend its coins at
merchants using cryptographic signatures over electronic contracts.
Merchants must immediately deposit the coins at the exchange, which
