From c4bd8200b517fb9d41750397ef5269c7124481a2 Mon Sep 17 00:00:00 2001
From: Christian Grothoff Taler does not use any Blockchain technology or Bitcoin directly.
Taler is not based on proof-of-work or any other distributed consensus
mechanism. Instead Taler is based on blind signatures. It would be possible, however, to withdraw Bitcoins into a Taler
-wallet (with an appropriate exchange), which would give some benefits
-over plain Bitcoin, such as instant confirmation times. It would be possible, however, to withdraw coins denominated in
+Bitcoin into a Taler wallet (with an appropriate exchange), which
+would give some benefits over plain Bitcoin, such as instant
+confirmation times. Your wallet stores digital coins that were blindly signed by an
-exchange, and thus ultimately your computer holds your balance. The
-exchange keeps funds matching all unspent coins in an escrow bank
-account. Your wallet stores digital coins and thus ultimately your computer
+holds your balance. The exchange keeps funds matching all unspent
+coins in an escrow bank account. Since the digital coins of value in your wallet are anonymized, the
exchange can not assist you in recovering a lost or stolen wallet.
Just like with a physical wallet for cash, you are responsible for
keeping it safe. The risk of losing a wallet can be mitigated by making backups or
keeping the balance reasonably low. In case of a compromise of one of your devices, an attacker that
-spends coins on your behalf will allow you to detect that your device
-has been compromised. In case of a compromise of one of your devices, an attacker can
+spend coins from your wallet. Checking your balance might reveal
+to you that your device has been compromised. If your friend provides goods or services for you in exchange for a
payment, they can easily set up a Taler merchant and receive the
payment in their bank account. Future versions of the Taler wallet may allow exchanging coins
among friends directly as well.{{ _("Where is the balance in my wallet stored?") }}
{% trans %}
-{{ _("What if my wallet is lost?") }}
{% trans %}
{{ _("What if my computer is hacked?") }}
+{% trans %}
+{{ _("Can I send money to my friend with Taler?") }}
{% trans %}
Taler wallets can store digital coins corresponding to multiple different currencies such as the Euro, US Dollars or Bitcoins.
- +{% endtrans %} +{% trans %}Taler currently does not offer conversion between currencies.
{% endtrans %} +Your wallet stores digital coins that are blindly +signed by an exchange. The use of a blind signature protects your +privacy as it prevents the exchange from knowing which coin it signed +for which customer.
+ +{% endtrans %} {% endblock body_content %} -- cgit v1.2.3