[taler-docs] branch master updated (46c74b3 -> 1e55d70)

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ttn pushed a change to branch master
in repository docs.

    from 46c74b3  Merge branch 'master' of git+ssh://git.taler.net/docs
     new 126e375  use more precise formulation for step 3
     new 1e55d70  use more precise formulation for step 5

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Summary of changes:
 frags/taler-payment-cycle.rst | 9 ++++++---
 1 file changed, 6 insertions(+), 3 deletions(-)

diff --git a/frags/taler-payment-cycle.rst b/frags/taler-payment-cycle.rst
index 9c7d130..94dd5c8 100644
--- a/frags/taler-payment-cycle.rst
+++ b/frags/taler-payment-cycle.rst
@@ -20,15 +20,18 @@ these are called the *reserve*.
 
 In step 3, (a) *withdraws* coins, either wholly or partially, from (b).  These
 coins are kept in a *wallet* under control of (a).  The coins in the wallet
-are anonymous.
+are unlinkable to the identity of (a) that was revealed during the withdraw
+operation.
 
 In step 4, (a) authorizes payment of coins from the wallet to (c).  This
 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).

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