depolymerization

wire gateway for Bitcoin/Ethereum
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commit 638447364859bfbb11644beee356fa8f4f1f2ca9
parent 29a34e96f67ff8590d22af963dd52388d7537c5b
Author: Antoine A <>
Date:   Tue, 22 Mar 2022 15:58:33 +0100

abstract draft

Diffstat:
Mdocs/report.tex | 19+++++++++++++++++--
1 file changed, 17 insertions(+), 2 deletions(-)

diff --git a/docs/report.tex b/docs/report.tex @@ -21,10 +21,25 @@ \clearpage -\tableofcontents +\subsection*{Abstract} + +GNU Taler is an electronic payment system implemented as free software. The goal of this project is to enable payment with blockchain-based cryptocurrency in GNU Taler. + +By proving that blockchains can be used as a settlement layer for GNU Taler, we show that it is not only capable of handling bank money, but also widely used cryptocurrencies. + +For cryptocurrencies owners, this integration offers a new solution for instant and low-cost payments that can scale beyond blockchains limitations while preserving or enhancing privacy. + +To achieve this goal, we need to understand how blockchain-based cryptocurrencies work, what their limitations are, and how to mitigate them so that they can serve as a settlement layer. + +\subsection*{Acknowledgement} + +I would like to kindly thank Christian Grothoff and Emmanuel Benoist (Bern University of Applied Sciences) for their extensive guidance and support during this project. \clearpage +\tableofcontents + +\clearpage \section{Blockchain-based cryptocurrencies} @@ -126,7 +141,7 @@ The settlement layer provides finality for wire transfers that allow customers t Depolymerization serves as a middleware between GNU taler and blockchain-based cryptocurrencies. Customers can send money to the Depolymerizer using an on-chain transaction to get coins that they can use in off-chain transactions. Using the Depolymerizer, Taler exchanges can materialize coins back into the blockchain. -Off-chain transactions have many advantages over on-chain transactions. At the cost of putting trust in exchange operators or auditors, you can have fast and cheap transactions with instant confirmation (ms). GNU Taler offers linear scalability that can solve blockchain throughput limitation and, by not relying on Proof of Work, has a much lower ecological impact. GNU Taler does not sacrifice privacy either; it provides privacy when it can and transparency when it has to (regulation: avoid tax evasion and money laundering). +Off-chain transactions have many advantages over on-chain transactions. At the cost of putting trust in exchange operators or auditors, you can have fast and low cost transactions with instant confirmation (ms). GNU Taler offers linear scalability that can solve blockchain throughput limitation and, by not relying on Proof of Work, has a much lower ecological impact. GNU Taler does not sacrifice privacy either; it provides privacy when it can and transparency when it has to (regulation: avoid tax evasion and money laundering). \clearpage