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diff --git a/faq.html.j2 b/faq.html.j2 index 1fd29e9b..6f49d32b 100644 --- a/faq.html.j2 +++ b/faq.html.j2 @@ -2,9 +2,26 @@ {% block body_content %} <div class="container"> <h2>How is Taler related to Bitcoin or Blockchains?</h2> +<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> + +<p>It would be possible, however, withdraw Bitcoins into a Taler wallet (with an approproate exchange), +which would give some benefits ofer plain Bitcoin, such as instant confirmation times.</p> <h2>Where is the balance in my wallet stored?</h2> +<p>Your wallet stores tokens that are blindly signed by an exchange. +Until your spend balance with a merchant, the exchange holds it in escrow.</p> <h2>What if my wallet gets lost?</h2> +<p>Since the digital tokens of value in your wallet are anonymized, +the exchange can not assist you in restoring a lost or stolen wallet. Just +like with a physical wallet for cash, you are responsible for keeping it safe.</p> + +<p>The risk of losing a wallet can be mitigated by backups or keeping the balance reasonably low.</p> + +<p>In case of a compromise of one of your devices, an attacker that spends coins on your behalf will +make it possible for you to know that you've been compromised, which can be an advantage.</p> </div> {% endblock body_content %} |