commit e21708b26e093c4aa41a681a86d4e8638ff0d4b0
parent 02152b202b5f26cb101478e4101cee5e32993d0f
Author: Florian Dold <florian.dold@gmail.com>
Date: Thu, 28 Apr 2016 14:27:22 +0200
be gender neutral ;)
Diffstat:
1 file changed, 3 insertions(+), 3 deletions(-)
diff --git a/summary/taler.tex b/summary/taler.tex
@@ -60,7 +60,7 @@ advertisements.
Unlike many recent developments in the field of privacy-preserving online
payments, GNU Taler is not based on blockchain technology, but on Chaum-style
-digital payments with additional constructions based on elliptic curve
+digital payments \cite{chaum1990untraceable} with additional constructions based on elliptic curve
cryptography. Our work addresses practical problems that previous incarnations
of Chaum-style digital payments suffered from. The system is entirely composed
of free software components, which facilitates easier adoption, standardization
@@ -69,7 +69,7 @@ and community involvement.
From the consumer's perspective, Taler's payment model comes closer to the
expectations one has when paying with cash than with credit cards. Customers
do not need to authenticate themselves with personally identifying information
-to the merchant or the payment processor. Instead individual payments are
+to the merchant or the payment processor. Instead, individual payments are
authorized locally on the customer's computing device. This rules out a number
of security issues associated with identity theft. We expect that this will
also lower the barrier for online transactions due to the lower risk for the
@@ -84,7 +84,7 @@ information (as required by local law), while the merchant's transactions are
completely transparent to the state and thus taxable. Taxable merely means
that the state can obtain the necessary information about the contract to levy
common forms of income, sales or value-added taxes, not that the system imposes
-any particular tax code. When a customer pays he uses unlinkable digital
+any particular tax code. When customers pay, they use unlinkable digital
payment tokens to sign a contract with the merchant. The contract is proposed
by the merchant and is supposed to contain all of the information required for
taxation -- which typically excludes the identity of the customer. Later, the
