commit dc7eef46f0717aa21d24a4004c5d736ead3360d3
parent 4ef3a87ac066f6a7cf7170bc550e217ca2dcc38e
Author: Florian Dold <florian.dold@gmail.com>
Date: Sun, 26 May 2019 12:33:43 +0200
typos
Diffstat:
1 file changed, 3 insertions(+), 3 deletions(-)
diff --git a/sa/sa.tex b/sa/sa.tex
@@ -698,11 +698,11 @@ for these questions on the basis of our technology.
%cryptography.
Deployment models using a truly distributed ledger will prove exceptionally
-expensive and unable to handle the require transaction rates to be relevant
+expensive and unable to handle the required transaction rates to be relevant
for non-criminal enterprises.
In contrast, cryptographic techniques like those offered by Taler require
-professionally-run critical infrastructure, but will then be able to handle
+professionally-run mission-critical infrastructure, but will then be able to handle
transactions at rates comparable to those provided by cash today at lower cost.
\paragraph{What are the emerging technologies that underpin CBDC designs and which
@@ -743,7 +743,7 @@ compete with existing payment methods (cash and commercial offerings).
As Taler is reserve-based, it would not compete with credit cards
used by consumers to get credit.
-We expect the fastest uptake to be in the market for online payments and
+We expect the fastest uptake to be in the market for e-commerce payments and
micropayments. Micropayments in particular will provide an alternative
new business model, especially for businesses depending on online
advertising for revenue today.
