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[GNUnet-SVN] [taler-www] branch master updated: faq


From: gnunet
Subject: [GNUnet-SVN] [taler-www] branch master updated: faq
Date: Mon, 06 Mar 2017 04:28:41 +0100

This is an automated email from the git hooks/post-receive script.

dold pushed a commit to branch master
in repository www.

The following commit(s) were added to refs/heads/master by this push:
     new 30a2230  faq
30a2230 is described below

commit 30a2230117be67644a3d746693b52adc420e8f86
Author: Florian Dold <address@hidden>
AuthorDate: Mon Mar 6 04:28:39 2017 +0100

    faq
---
 faq.html.j2 | 17 +++++++++++++++++
 1 file changed, 17 insertions(+)

diff --git a/faq.html.j2 b/faq.html.j2
index 1fd29e9..6f49d32 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 %}

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