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[GNUnet-SVN] [taler-exchange] branch master updated: Change Zerocash tex
From: |
gnunet |
Subject: |
[GNUnet-SVN] [taler-exchange] branch master updated: Change Zerocash text |
Date: |
Wed, 17 May 2017 23:39:42 +0200 |
This is an automated email from the git hooks/post-receive script.
burdges pushed a commit to branch master
in repository exchange.
The following commit(s) were added to refs/heads/master by this push:
new 71ab77b Change Zerocash text
71ab77b is described below
commit 71ab77bb6056760fd78fc18a66c7d633970865fa
Author: Jeffrey Burdges <address@hidden>
AuthorDate: Wed May 17 23:39:10 2017 +0200
Change Zerocash text
---
doc/paper/taler.tex | 15 ++++++++++-----
1 file changed, 10 insertions(+), 5 deletions(-)
diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex
index 7d3548c..1805e92 100644
--- a/doc/paper/taler.tex
+++ b/doc/paper/taler.tex
@@ -300,11 +300,16 @@ blockchain's decentralized nature to escape anti-money
laundering
regulation~\cite{molander1998cyberpayments} as they provide anonymous,
disintermediated transactions.
-Unlike Taler, Zerocash fully hides transacted amounts as well both the sender
-and receiver, giving an exceptionally high level of anonymity. This comes at
-the cost of usage for illegitimate purposes such as money laundering and tax
-evasion, as well as confirmation times and processing fees that are many orders
-of magnitude larger.
+Unlike Taler, Zerocash hides transacted amounts as well as both the
+sender and receiver, giving it a larger anonymity set than Taler under
+equal usage levels. A Taler exchange can process transactions many
+orders of magnitude faster and more cheaply than any blockchain-based
+cryptocurrency like Zerocash. It follows that, assuming reasonable
+adoption levels for both, Taler will yield stronger anonymity for
+ordinary purchases, although Zerocash should retian an advantage for
+large transactions that never get cashed out into another currency.
+In addition, Zerocash's anonymity for the receiver enables an array of
+illegal activities like extortion, money laundering, and tax evasion.
GreenCoinX\footnote{\url{https://www.greencoinx.com/}} is a more
recent AltCoin where the company promises to identify the owner of
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