From 28d8e3ff208ef040f4340966921554c790821a25 Mon Sep 17 00:00:00 2001
From: Marcello Stanisci
With Taler, merchants never handle sensitive personal credit data, and
- thus neither customers, mints nor governments would even have standing to
+ thus neither customers, exchanges nor governments would even have standing to
sue merchants in court. Thus, if a merchant system were to be compromised,
the damage would be limited to the merchant's own operations.
@@ -100,11 +100,11 @@
In Taler, customers do not have accounts with usernames, passwords
or associated e-mail addresses. Instead, Taler uses reserves which
are represented by a private key on the owner's computer. Users
- create a reserve by depositing currency at a Taler mint, and can then
+ create a reserve by depositing currency at a Taler exchange, and can then
withdraw digital coins from that reserve using the respective private
key. There is no limit on the number of reserves a user can have, and
- even hacking the Taler mint would not provide an adversary with access to
- user's reserves (as the Taler mint does not have the private keys).
+ even hacking the Taler exchange would not provide an adversary with access to
+ user's reserves (as the Taler exchange does not have the private keys).
Stealing in Taler requires breaking into each customer's computer to
extract the reserve keys or the coins from the digital wallet.