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authortg(x) <*@tg-x.net>2017-01-19 16:03:49 +0100
committertg(x) <*@tg-x.net>2017-01-19 16:03:49 +0100
commit08f40842ceb608e96d28a646d71044d2c83b34fb (patch)
treec9912cf5bb81030e21f084deb971efaa987f0eaf /i18n/en.po
parentc77d5823f295ecb481578bfc5f29dd0bb2e279b0 (diff)
downloadwww-08f40842ceb608e96d28a646d71044d2c83b34fb.tar.gz
www-08f40842ceb608e96d28a646d71044d2c83b34fb.zip
i18n: extract translations to PO files and use Jinja2 templating
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1msgid ""
2msgstr ""
3"Content-Type: text/plain; charset=UTF-8\n"
4"Plural-Forms: nplurals=2; plural=(n!=1);\n"
5"Content-Type: text/plain;\n"
6
7msgid "<a href='/'>Home</a>"
8msgstr ""
9
10msgid "<a href='https://demo.taler.net/' target='_blank'>Demo</a>"
11msgstr ""
12
13msgid "<a href='/citizens'>Citizens</a>"
14msgstr ""
15
16msgid "<a href='/merchants'>Merchants</a>"
17msgstr ""
18
19msgid "<a href='/governments'>Governments</a>"
20msgstr ""
21
22msgid "<a href='/investors'>Operators</a>"
23msgstr ""
24
25msgid "<a href='/developers'>Developers</a>"
26msgstr ""
27
28msgid "<a href='/about'>About&nbsp;us</a>"
29msgstr ""
30
31msgid ""
32"This page was created using <a href='https://www.gnu.org/'>Free Software</a> "
33"only."
34msgstr ""
35
36msgid "Electronic payments for a liberal society!"
37msgstr ""
38
39msgid ""
40"Taler is a new electronic payment system under development\n"
41"\t at <a href='http://www.inria.fr/'>Inria</a>. Today, this website "
42"only\n"
43"\t presents the advantages our system is expected to provide. We expect "
44"to\n"
45"\t make the payment system operational in 2017."
46msgstr ""
47
48msgid "Taxable"
49msgstr ""
50
51msgid ""
52"Unlike BitCoin or cash payments, Taler ensures that\n"
53"\t governments can learn their citizen's total income and thus collect\n"
54"\t sales, value-added or income taxes. Taler is thus a currency for the\n"
55"\t mainstream economy, and not the black market."
56msgstr ""
57
58msgid "Anonymous"
59msgstr ""
60
61msgid ""
62"When you pay with Taler, your identity does not have to\n"
63"\t be revealed to the merchant. The bank, government and exchange will "
64"also\n"
65"\t never learn how you spent your electronic money. However, you can\n"
66"\t prove that you paid in court if necessary."
67msgstr ""
68
69msgid "Libre"
70msgstr ""
71
72msgid ""
73"Taler is free software from <a href='http://www.gnu.org/'>GNU</a> "
74"implementing an open protocol.\n"
75"\t Anybody is welcome to inspect our code and integrate our reference\n"
76"\t implementation into their applications."
77msgstr ""
78
79msgid "Electronic"
80msgstr ""
81
82msgid ""
83"Taler is designed to work on the Internet. Using a\n"
84"\t so-called RESTful protocol over HTTP or HTTPS, Taler is easy to\n"
85"\t integrate with existing Web applications."
86msgstr ""
87
88msgid "Reserves"
89msgstr ""
90
91msgid ""
92"Taler uses an electronic exchange holding financial\n"
93" reserves in existing currencies. This means that Taler is not\n"
94"\t a new currency with the inherent currency fluctuation risks, but\n"
95"\t instead the cryptographic coins correspond to existing currencies, "
96"such as\n"
97"\t US Dollars, Euros or even BitCoins."
98msgstr ""
99
100msgid "Taler Web payments paper published."
101msgstr ""
102
103msgid "More news »"
104msgstr ""
105
106msgid "Taler technology: About taxability, change and privacy"
107msgstr ""
108
109msgid ""
110"One of the key goals of Taler is to provide anonymity for\n"
111" citizens buying goods and services, while ensuring that the state "
112"can\n"
113" observe incoming transactions to ensure businesses engage only "
114"in\n"
115" legal activities and do not evade taxes (such as income tax,\n"
116" sales tax or value-added tax). However, we also want to stay\n"
117" out of the immediate personal domain, so sharing funds within a\n"
118" family or copying coins between devices should not be subject to\n"
119" monitoring by the state.\n"
120" "
121msgstr ""
122
123msgid ""
124"As a result, Taler does not intrude into the\n"
125" personal economic domain, offers good privacy, taxability\n"
126" for transactions and the ability to give change.\n"
127" "
128msgstr ""
129
130msgid "About us"
131msgstr ""
132
133msgid ""
134"GNU maintainer. Network security &amp; privacy researcher. Software "
135"architect."
136msgstr ""
137
138msgid ""
139"Entrepreneur, Investor, Fortune 100 CIO, IT company director in different "
140"industries, …."
141msgstr ""
142
143msgid "CFO"
144msgstr ""
145
146msgid "Applied cryptography. Contact to W3c &amp; Tor."
147msgstr ""
148
149msgid "Theoretical foundations."
150msgstr ""
151
152msgid "Founder of the GNU project. Ethical guidance and licensing."
153msgstr ""
154
155msgid "PhD Student, TU Munich. Currently teaching."
156msgstr ""
157
158msgid "PhD Student, Inria.."
159msgstr ""
160
161msgid "Software engineer."
162msgstr ""
163
164msgid "Sustainable business development."
165msgstr ""
166
167msgid "Software engineer. Works on libebics."
168msgstr ""
169
170msgid "Translator (Spanish)"
171msgstr ""
172
173msgid "Translator (Italian)"
174msgstr ""
175
176msgid "Hardware security module"
177msgstr ""
178
179msgid "Risk management"
180msgstr ""
181
182msgid "PhD student, TU Munich. Currently teaching."
183msgstr ""
184
185msgid "Software engineer. Works on Android wallet."
186msgstr ""
187
188msgid "Advantages for citizens"
189msgstr ""
190
191msgid "Security"
192msgstr ""
193
194msgid ""
195"Taler is the electronic equivalent of cash, except harder to fake.\n"
196" If your digital wallet is lost -- say because\n"
197" your computer is irreparably damaged or compromised -- only the "
198"amount of coin\n"
199" stored in your wallet will be lost. Unlike a physical wallet, "
200"you can make\n"
201" backups of your digital wallet which can provide security "
202"against data loss.\n"
203" So your digital wallet works mostly just like\n"
204" a physical wallet, except online and without the need to "
205"manually count coins."
206msgstr ""
207
208msgid "Privacy"
209msgstr ""
210
211msgid ""
212"Your transactions are private, neither the exchange nor merchant needs to\n"
213" learn your identity. There is no need to give our credit card "
214"numbers or\n"
215" other sensitive information, and the merchant will only be able "
216"to do\n"
217" exactly the transaction you confirmed using your digital wallet."
218msgstr ""
219
220msgid "Convenience"
221msgstr ""
222
223msgid ""
224"You will be able to withdraw digital coins to replenish your wallet using\n"
225" your credit card or SEPA transactions, similar to how you pay "
226"or withdraw\n"
227" cash today."
228msgstr ""
229
230msgid "Stability "
231msgstr ""
232
233msgid ""
234"Coins in your digital wallet will be of the same denomination as the\n"
235" cash in your physical wallet. So you will not have to worry "
236"about\n"
237" currency fluctuations or conversion rates. Like a physical "
238"wallet,\n"
239" you can carry digital coins of different currencies in your "
240"digital\n"
241" wallet at the same time."
242msgstr ""
243
244msgid "Taler as seen by customers"
245msgstr ""
246
247msgid ""
248"Customers interact with the Taler system mostly using\n"
249" a free wallet implementation, which may be an extension or plugin\n"
250" to their browser or a custom application on their computer(s).\n"
251" Typical steps performed by customers are:\n"
252" "
253msgstr ""
254
255msgid ""
256"The customer selects an exchange (i.e. by visiting the\n"
257" respective website or selecting from a list of exchanges in "
258"the\n"
259" application) and asks the wallet to create bank transfer\n"
260" instructions to withdraw a certain amount of electronic cash.\n"
261" The bank transfer instructions will contain an\n"
262" access code that must be included in the subject of the\n"
263" transaction, as well as the wire details for the exchange (i."
264"e.\n"
265" a SEPA account number)."
266msgstr ""
267
268msgid ""
269"The customer then instructs his <b>bank</b> to\n"
270" transfer funds from his account to the Taler exchange using\n"
271" these instructions provided by the wallet (top left)."
272msgstr ""
273
274msgid ""
275"Once the funds have arrived, the wallet will\n"
276" automatically withdraw the electronic coins. The\n"
277" customer can use the wallet to review his remaining balance\n"
278" at any time. He can also make backups to secure his digital\n"
279" coins against hardware failures."
280msgstr ""
281
282msgid ""
283"When visiting a merchant that supports Taler,\n"
284" an additional payment option for Taler is enabled in the "
285"checkout system.\n"
286" If the customer selects payments via Taler, the wallet\n"
287" displays the secured contract from the merchant and asks\n"
288" for confirmation. Taler does not require the customer\n"
289" to provide any identity information to the merchant.\n"
290" Transaction histories and digitally\n"
291" signed contracts can be preserved in the wallet for future\n"
292" review by the customer, or even use in court."
293msgstr ""
294
295msgid "Advantages for merchants"
296msgstr ""
297
298msgid "Fast"
299msgstr ""
300
301msgid ""
302"Processing transactions with Taler is fast, allowing you\n"
303"\t to confirm the transaction with your customer virtually immediately.\n"
304"\t Your customers will appreciate that they do not have to type in "
305"credit\n"
306"\t card information and play the &quot;verified by&quot; game. By making "
307"payments\n"
308"\t significantly more convenient for your customers, you may be able to\n"
309"\t use Taler for small transactions that would not work with credit "
310"card\n"
311"\t payments due to the mental overhead for customers."
312msgstr ""
313
314msgid "Secure"
315msgstr ""
316
317msgid ""
318"You never learn sensitive customer information. You need\n"
319"\t to ensure that your website provides the correct account information\n"
320"\t for your business, and that you correctly validate the payment\n"
321"\t confirmations from the Taler exchange. As a result, you will have\n"
322"\t cryptographic proof of payment for the specific contracts you "
323"entered\n"
324"\t with your customers, and cryptographically signed confirmations from\n"
325"\t the Taler exchange about the deposits. Taler does not require you to\n"
326"\t undergo any particular security audits, processes or procedures, as\n"
327"\t you never handle sensitive customer information. Your systems will\n"
328"\t have cryptographically signed contracts which you can use in court "
329"in\n"
330"\t case of disputes."
331msgstr ""
332
333msgid "Free Software"
334msgstr ""
335
336msgid ""
337"Taler is free software, and you can use the\n"
338"\t liberally-licensed reference code as a starting point to integrate\n"
339"\t Taler into your services. To use Taler, you do not need to pay "
340"license\n"
341"\t fees, and the free software development model will ensure that you "
342"can\n"
343"\t select from many competent developers to help you with your\n"
344"\t integration."
345msgstr ""
346
347msgid "Low Fees"
348msgstr ""
349
350msgid ""
351"Taler is designed to minimize the work the exchange needs to\n"
352"\t perform. Combined with Taler's strong security which prevents "
353"fraud,\n"
354"\t exchanges can operate with very low overhead and thus low "
355"transaction\n"
356"\t fees. Given Taler's free software exchange reference "
357"implementation,\n"
358"\t competition among exchanges will ensure fair, low transaction fees "
359"for\n"
360"\t merchants."
361msgstr ""
362
363msgid "Flexible"
364msgstr ""
365
366msgid ""
367"Taler can be used for different currencies (such as Euros\n"
368"\t or US Dollars) and different payment models limited only by what the\n"
369"\t exchange supports in its interactions."
370msgstr ""
371
372msgid "Ethical"
373msgstr ""
374
375msgid ""
376"Taler does not support tax evasion or money laundering, and is\n"
377" also not a pyramid scheme or speculative investment. Taler's\n"
378" protocols are efficient and do not waste energy. Taler "
379"encourages\n"
380" competition by providing an open standard and free software\n"
381" reference implementations."
382msgstr ""
383
384msgid "Taler as seen by merchants"
385msgstr ""
386
387msgid ""
388"Merchants supporting the Taler system need to integrate\n"
389" some relatively simple logic into their transaction processing\n"
390" system.\n"
391" Typical steps performed by the merchant system are:\n"
392" "
393msgstr ""
394
395msgid ""
396"The new logic detects when a customer's system\n"
397" supports Taler and then needs to send a cryptographically "
398"signed\n"
399" version of the proposed contract in a simple JSON format to\n"
400" the customer.\n"
401" The message also includes salted, hashed wire details for\n"
402" the merchant, as well as restrictions as to which exchange "
403"operators\n"
404" the merchant is willing to deal with."
405msgstr ""
406
407msgid ""
408"The customer sends a signed response which states\n"
409" that certain digital coins now belong to the merchant to "
410"both\n"
411" signal acceptance of the deal as well as to pay the "
412"respective\n"
413" amount (bottom)."
414msgstr ""
415
416msgid ""
417"The merchant then forwards the signed messages\n"
418" received from the customer to the exchange, together with "
419"its\n"
420" wire details and the salt (without hashing). The exchange "
421"verifies\n"
422" the details and sends a signed confirmation (or an error\n"
423" message) to the merchant. The merchant checks that the\n"
424" exchange's signature is valid, sends a confirmation to the\n"
425" customer and executes the contract-specific business logic."
426msgstr ""
427
428msgid ""
429"The exchange performs wire transfers corresponding to\n"
430" the claims deposited by the merchant. Note that the exchange "
431"may\n"
432" charge fees for the deposit operation, hence merchants may\n"
433" impose limits restricting the set of exchange operators they "
434"are\n"
435" willing to deal with, for example by imposing a bound on\n"
436" deposit fees."
437msgstr ""
438
439msgid "Manuals for merchants"
440msgstr ""
441
442msgid "Advantages for governments"
443msgstr ""
444
445msgid ""
446"Taler is an electronic payment system that was built with the goal of "
447"supporting taxation.\n"
448" With Taler, the receiver of any form of payment is known, and "
449"the payment information comes\n"
450" attached with some details about what the payment was made for "
451"(but not the identity of the customer). Thus, governments can use this\n"
452" data to tax buisnesses and individuals based on their income, "
453"making tax evasion and\n"
454" black markets less viable."
455msgstr ""
456
457msgid ""
458"Taler's payments are cryptographically secured. Thus, customers, merchants "
459"and\n"
460" the exchange can mathematically demonstrate their lawful "
461"behavior in court in case\n"
462" of disputes. Financial damages are strictly limited, improving "
463"economic security\n"
464" for individuals, merchants, the exchange and the state. Most "
465"importantly, an\n"
466" independent auditor can ensure that there is no &quot;bad exchange"
467"&quot;\n"
468" within the Taler system who might threaten the economy due to "
469"fraud."
470msgstr ""
471
472msgid ""
473"Taler is free software implementing an open protocol standard. Thus, Taler "
474"will\n"
475" enable competition and avoid the monopolization of payment "
476"systems that threatens\n"
477" global political and financial stability today."
478msgstr ""
479
480msgid "Efficient"
481msgstr ""
482
483msgid ""
484"Taler is designed to be efficient. Unlike timeline-based payment systems "
485"like\n"
486" BitCoin, Taler will not threaten the availability of national "
487"electric grids or\n"
488" (significantly) contribute to environmental pollution."
489msgstr ""
490
491msgid "Taler as seen by governments"
492msgstr ""
493
494msgid ""
495"Governments can observe traditional wire\n"
496" transfers entering and leaving the Taler system, and\n"
497" require merchants and exchange operators to provide certain\n"
498" information during financial audits. Exchange operators\n"
499" are expected to be permanently checked by auditors,\n"
500" while merchants may be required to reveal information\n"
501" during regular tax audits.\n"
502" Information available to the government includes:\n"
503" "
504msgstr ""
505
506msgid ""
507"From the banking system:\n"
508" The total amount of digital currency\n"
509" obtained by a customer. The government could impose\n"
510" limits on how many digital coins a customer may\n"
511" withdraw within a given timeframe."
512msgstr ""
513
514msgid ""
515"From the banking system:\n"
516" The total amount of income received\n"
517" by any merchant via the Taler system."
518msgstr ""
519
520msgid ""
521"From auditing the exchange:\n"
522" The amounts of digital coins legitimately withdrawn by\n"
523" customers from the exchange, the value of non-redeemed "
524"digital coins\n"
525" in customer's wallets, the value and corresponding wire "
526"details\n"
527" of deposit operations performed by merchants with the "
528"exchange, and\n"
529" the income of the exchange from transaction fees."
530msgstr ""
531
532msgid ""
533"From auditing merchants:\n"
534" For each deposit operation, the exact details of the\n"
535" underlying contract that was signed between\n"
536" customer and merchant. However, this information would\n"
537" typically not include the identity of the customer.\n"
538" Note that while the customer can decide to prove that it was "
539"his\n"
540" transaction (i.e. in court when suing the merchant if the\n"
541" merchant failed to deliver on the contract),\n"
542" merchant, exchange and government cannot find out the "
543"customer's\n"
544" identity from the information that Taler collects."
545msgstr ""
546
547msgid "Operate a Taler exchange!"
548msgstr ""
549
550msgid ""
551"Taler uses efficient cryptographic primitives (such as RSA 2048 and\n"
552" EdDSA) and is thus expected to be able to handle large "
553"transaction\n"
554" volumes, only limited by the input/output capabilities of the\n"
555" database. Thus, running a Taler exchange should be profitable "
556"even\n"
557" with very low (less than 1 cent) transaction fees (at "
558"appropriate\n"
559" transaction volume)."
560msgstr ""
561
562msgid ""
563"All transactions in Taler are secured using modern cryptography and\n"
564" trust in all parties is minimized. Financial damage is bounded\n"
565" (for customers, merchants and the exchange) even\n"
566" in the case that systems are compromised and private keys are "
567"stolen.\n"
568" Databases can be audited for consistency, resulting in either "
569"the\n"
570" detection of compromised systems or the demonstration that\n"
571" participants were honest."
572msgstr ""
573
574msgid "Business model"
575msgstr ""
576
577msgid ""
578"The basic business model for Taler is the operation of an exchange. An "
579"exchange converts money from traditional payment systems (Mastercard,\n"
580" SEPA, Visa, BitCoin, ACH, SWIFT, etc.) to anonymous electronic\n"
581" coins in the same currency. The customer can then redeem the "
582"electronic\n"
583" coins at a merchant, who can exchange them for money "
584"represented using\n"
585" traditional payment systems at the exchange. The exchange can "
586"then charge\n"
587" fees (to the customer, merchant or both) to facilitate the "
588"transactions."
589msgstr ""
590
591msgid "Taler as seen by the exchange operator"
592msgstr ""
593
594msgid ""
595"The exchange operator primarily operates a Web service\n"
596" portal and keeps databases with transaction details and\n"
597" cryptographic proofs. Its operational expenses are thus related "
598"to\n"
599" its interactions with the banking system and the operation of\n"
600" the computing infrastructure, while its income is based on\n"
601" transaction fees it may charge for the various interactions.\n"
602" Key interactions of the exchange include:\n"
603" "
604msgstr ""
605
606msgid ""
607"Create a <b>reserve</b> based on an incoming\n"
608" wire transfer from a customer."
609msgstr ""
610
611msgid ""
612"Allow customers to withdraw (and refresh)\n"
613" digital coins from their reserve."
614msgstr ""
615
616msgid "Accept and validate deposits from merchants."
617msgstr ""
618
619msgid ""
620"Execute wire transfers to merchants in\n"
621" response to validated deposits."
622msgstr ""
623
624msgid ""
625"Preserve and provide cryptographic proofs of\n"
626" correct operation for audits by financial regulators."
627msgstr ""
628
629msgid "Taler for developers"
630msgstr ""
631
632msgid "Free"
633msgstr ""
634
635msgid ""
636"Taler is free software implementing an open\n"
637" protocol. Anybody is welcome to inspect our code and\n"
638" integrate our reference implementation into their\n"
639" applications. Different components of Taler are being\n"
640" made available under different licenses. The Affero\n"
641" GPLv3+ is used for the exchange, the LGPLv3+ is used for\n"
642" reference code demonstrating integration with merchant\n"
643" platforms, and licenses like Apache/Mozilla/GPLv3+ are\n"
644" used for wallets and related customer-facing software.\n"
645" We are open for constructive suggestions for maximizing\n"
646" the adoption of this libre payment platform.\n"
647" "
648msgstr ""
649
650msgid "RESTful"
651msgstr ""
652
653msgid ""
654"Taler is designed to work on the Internet. To\n"
655"\t ensure that Taler payments can work with restrictive\n"
656"\t network setups, Taler uses a RESTful protocol over HTTP or\n"
657"\t HTTPS. Taler's security does not depend upon the use of\n"
658"\t HTTPS, but obviously merchants may choose to offer HTTPS\n"
659"\t for consistency and because it generally is better for\n"
660"\t privacy compared to HTTP. Taler uses JSON to encode\n"
661"\t structure data, making it easy to integrate Taler with\n"
662"\t existing Web applications. Taler's protocol is documented\n"
663"\t in detail <a href='https://api.taler.net/'>here</a>.\n"
664" "
665msgstr ""
666
667msgid "Code"
668msgstr ""
669
670msgid ""
671"Taler is currently primarily developed by a\n"
672"\t research team at Inria and TU Munich. However,\n"
673"\t contributions from anyone are welcome. Our Git\n"
674"\t repositories can be cloned using the Git and HTTP access\n"
675"\t methods against <tt>git.taler.net</tt> with the name of\n"
676"\t the respective repository. A list of public repositories\n"
677"\t can be found in\n"
678"\t our <a href='https://git.taler.net/'>GitWeb</a>.\n"
679" "
680msgstr ""
681
682msgid "Documentation"
683msgstr ""
684
685msgid ""
686"In addition to this website,\n"
687" the <a href='https://git.taler.net/'>documented\n"
688" code</a> and the <a href='https://api.taler.net/'>API\n"
689" documentation</a>, we are in the process of preparing a\n"
690" comprehensive design document which will be published here\n"
691" soon.\n"
692" "
693msgstr ""
694
695msgid "Discussion"
696msgstr ""
697
698msgid ""
699"We have a mailinglist for developer discussions.\n"
700" You can subscribe to it or read the list archive at\n"
701" <a href='http://lists.gnu.org/mailman/listinfo/taler'>http://"
702"lists.gnu.org/mailman/listinfo/taler</a>."
703msgstr ""
704
705msgid "Regression Testing"
706msgstr ""
707
708msgid ""
709"We\n"
710" have <a href='https://buildbot.net/'>Buildbot</a>\n"
711" automation tests to detect regressions and check for\n"
712" portability at\n"
713" <a href='https://buildbot.taler.net/'>buildbot.taler.net</a>.\n"
714" "
715msgstr ""
716
717msgid "Code Coverage Analysis"
718msgstr ""
719
720msgid ""
721"We\n"
722" use <a href='http://ltp.sourceforge.net/coverage/lcov.php"
723"'>LCOV</a>\n"
724" to analyze the code coverage of our tests, the results are\n"
725" available\n"
726" at <a href='https://lcov.taler.net/'>lcov.taler.net</a>.\n"
727" "
728msgstr ""
729
730msgid "Performance Analysis"
731msgstr ""
732
733msgid ""
734"We\n"
735" use <a href='https://gnunet.org/gauger'>Gauger</a> for\n"
736" performance regression analysis of the exchange backend\n"
737" at <a href='https://gauger.taler.net/'>gauger.taler.net</a>.\n"
738" "
739msgstr ""
740
741msgid "Taler system overview"
742msgstr ""
743
744msgid ""
745"The Taler system consists of protocols executed\n"
746" among a number of actors with the help\n"
747" of <a href='https://www.fsf.org/'>Free Software</a> as\n"
748" illustrated in the illustration on the right. Typical\n"
749" transactions involve the following steps:\n"
750" "
751msgstr ""
752
753msgid ""
754"A customer instructs his <b>bank</b> to\n"
755" transfer funds from his account to the Taler exchange\n"
756" (top left). In the subject of the transaction, he\n"
757" includes an authentication token from his\n"
758" electronic <b>wallet</b>. In Taler terminology, the\n"
759" customer creates a reserve at the exchange.\n"
760" "
761msgstr ""
762
763msgid ""
764"Once the exchange has received the\n"
765" transfer, it allows the customer's electronic wallet\n"
766" to <b>withdraw</b> electronic coins. The electronic\n"
767" coins are digital representations of the original\n"
768" currency from the transfer. It is important to note\n"
769" that the exchange does not learn the &quot;serial numbers&quot;\n"
770" of the coins created in this process, so it cannot tell\n"
771" later which customer purchased what at which merchant.\n"
772" The use of Taler does not change the currency or the\n"
773" total value of the funds (except for fees which the\n"
774" exchange may charge for the service).\n"
775" "
776msgstr ""
777
778msgid ""
779"Once the customer has the digital coins in\n"
780" his wallet, the wallet can be used to <b>spend</b> the\n"
781" coins with merchant portals that support the Taler\n"
782" payment system and accept the respective exchange as a\n"
783" business partner (bottom arrow). This creates a digital\n"
784" contract signed by the customer's coins and the\n"
785" merchant. If necessary, the customer can later use\n"
786" this digitally signed contract in a court of law to\n"
787" prove the exact terms of the contract and that he paid\n"
788" the respective amount. The customer does not learn the\n"
789" banking details of the merchant, and Taler does not\n"
790" require the merchant to learn the identity of the\n"
791" customer. Naturally, the customer can spend any\n"
792" fraction of his digital coins (the system takes care of\n"
793" customers getting change).\n"
794" "
795msgstr ""
796
797msgid ""
798"Merchants receiving digital\n"
799" coins <b>deposit</b> the respective receipts that\n"
800" resulted from the contract signing with the customer at\n"
801" the exchange to redeem the coins. The deposit step\n"
802" does not reveal the details of the contract between the\n"
803" customer and the merchant or the identity of the\n"
804" customer to the exchange in any way. However, the\n"
805" exchange does learn the identity of the merchant via\n"
806" the provided bank routing information. The merchant\n"
807" can, for example when compelled by the state for\n"
808" taxation, provide information linking the individual\n"
809" deposit to the respective contract signed by the\n"
810" customer. Thus, the exchange's database allows the\n"
811" state to enforce that merchants pay applicable taxes\n"
812" (and do not engage in illegal contracts).\n"
813" "
814msgstr ""
815
816msgid ""
817"Finally, the exchange transfers funds\n"
818" corresponding to the digital coins redeemed by the\n"
819" merchants to the merchant's <b>bank</b> account. The\n"
820" exchange may combine multiple small transactions into\n"
821" one larger bank transfer. The merchant can query the\n"
822" exchange about the relationship between the bank\n"
823" transfers and the individual claims that were\n"
824" deposited.\n"
825" "
826msgstr ""
827
828msgid ""
829"Most importantly, the exchange keeps\n"
830" cryptographic proofs that allow it to demonstrate that\n"
831" it is operating correctly to third parties. The system\n"
832" requires an external <b>auditor</b>, such as a\n"
833" government-appointed financial regulatory body, to\n"
834" frequently verify the exchange's databases and check that\n"
835" its bank balance matches the total value of the\n"
836" remaining coins in circulation.\n"
837" "
838msgstr ""
839
840msgid ""
841"Without the auditor, the exchange operators\n"
842" could embezzle funds they are holding in\n"
843" reserve. Customers and merchants cannot cheat each\n"
844" other or the exchange. If any party's computers are\n"
845" compromised, the financial damage is limited to the\n"
846" respective party and proportional to the funds they\n"
847" have in circulation during the period of the\n"
848" compromise.\n"
849" "
850msgstr ""
851
852msgid "News"
853msgstr ""