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

<h2>{{ _("Where is the balance in my wallet stored?") }}</h2>
{% trans %}
<p>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.</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>
{% endtrans %}
{% trans %}
<p>The risk of losing a wallet can be mitigated by making backups or
keeping the balance reasonably low.</p>
{% endtrans %}

<h2>{{ _("What if my computer is hacked?") }}</h2>
{% trans %}
<p>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.</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>
{% endtrans %}
{% trans %}
<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>
{% endtrans %}
{% trans %}
<p>Taler currently does not offer conversion between currencies.</p>
{% endtrans %}

<h2>{{ _("How does Taler protect my privacy?") }}</h2>
{% trans %}

<p>Your wallet stores digital coins that are <a
href="https://en.wikipedia.org/wiki/Blind_signature">blindly
signed</a> 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.</p>

{% endtrans %}

</div>
{% endblock body_content %}