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Diffstat (limited to 'doc/paper/taler.tex')
| -rw-r--r-- | doc/paper/taler.tex | 15 |
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diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex index 7d3548cd9..1805e9227 100644 --- a/doc/paper/taler.tex +++ b/doc/paper/taler.tex @@ -300,11 +300,16 @@ blockchain's decentralized nature to escape anti-money laundering regulation~\cite{molander1998cyberpayments} as they provide anonymous, disintermediated transactions. -Unlike Taler, Zerocash fully hides transacted amounts as well both the sender -and receiver, giving an exceptionally high level of anonymity. This comes at -the cost of usage for illegitimate purposes such as money laundering and tax -evasion, as well as confirmation times and processing fees that are many orders -of magnitude larger. +Unlike Taler, Zerocash hides transacted amounts as well as both the +sender and receiver, giving it a larger anonymity set than Taler under +equal usage levels. A Taler exchange can process transactions many +orders of magnitude faster and more cheaply than any blockchain-based +cryptocurrency like Zerocash. It follows that, assuming reasonable +adoption levels for both, Taler will yield stronger anonymity for +ordinary purchases, although Zerocash should retian an advantage for +large transactions that never get cashed out into another currency. +In addition, Zerocash's anonymity for the receiver enables an array of +illegal activities like extortion, money laundering, and tax evasion. GreenCoinX\footnote{\url{https://www.greencoinx.com/}} is a more recent AltCoin where the company promises to identify the owner of |