{% extends "common/base.j2" %}
{% block body_content %}
<div class="container">

<h2>{{ _("How is Taler related to Bitcoin or Blockchains?") }}</h2>
{% trans %}
<p>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.</p>

<p>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.</p>


<h2>{{ _("Where is the balance in my wallet stored?") }}</h2>
<p>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.</p>
{% endtrans %}


<h2>{{ _("What if my wallet is lost?") }}</h2>
{% trans %}
<p>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.</p>

<p>The risk of losing a wallet can be mitigated by making backups or
keeping the balance reasonably low.</p>

<p>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.</p>
{% endtrans %}


<h2>{{ _("Can I send money to my friend with Taler?") }}</h2>
{% trans %}
<p>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.</p>

<p>Future versions of the Taler wallet may allow exchanging coins
among friends directly as well.</p>
{% endtrans %}


<h2>{{ _("How does Taler handle payments in different currencies?") }}</h2>
{% trans %}
<p>Taler wallets can store digital coins corresponding to multiple
different currencies such as the Euro, US Dollars or Bitcoins.</p>

<p>Taler currently does not offer conversion between currencies.</p>
{% endtrans %}


</div>
{% endblock body_content %}