commit 1e55d70f525cbb46b87668e44da457bd14c334a2
parent 126e375326c9baace1b1c0135088d84ace1061c0
Author: Thien-Thi Nguyen <ttn@gnuvola.org>
Date: Fri, 26 Feb 2021 00:42:55 -0500
use more precise formulation for step 5
Diffstat:
1 file changed, 4 insertions(+), 2 deletions(-)
diff --git a/frags/taler-payment-cycle.rst b/frags/taler-payment-cycle.rst
@@ -28,8 +28,10 @@ transfers payment coins from the wallet to (c), and change coins from (b) to
the wallet (unless the payment amount exactly matches the denomination of the
coins in the wallet).
-In step 5, (c) *deposits* coins into (b). These coins are still anonymous,
-although the transaction itself is not anonymous.
+In step 5, (c) *deposits* coins into (b). At this point, (b) knows the
+identity of (c), but not of (a). Taler uses cryptography to validate that the
+coins are unique and were issued by (b), but (b) cannot determine to whom the
+coins were originally issued.
In step 6, (b) directs (e) to wire transfer real funds corresponding to the
accumulated deposited coins to (f).
