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EU NGI TALER will bring private and secure online payments to the Eurozone

taler.net

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Re: EU NGI TALER will bring private and secure online payments to the Eurozone

#4

Post by laserbeam »

zwnow wrote: post #2

[flagged]

Thanks. I was suspicious while reading. The language makes it feel like it's an official EU project, but there's no EU branding, links to anything in EU governing bodies. At best they seem to mention they applied for eu horizon funding, which anyone can do. Very much junk indeed.

Re: EU NGI TALER will bring private and secure online payments to the Eurozone

#8

Post by stevage »

notimetorelax wrote: post #3
zwnow wrote: post #2

[flagged]

They explicitly mention that it’s not.

> Taler does not require any Blockchain technology, and is also not based on proof-of-work or any other distributed consensus mechanism. Instead, Taler is based on blind signatures. However, it is theoretically possible to combine Taler with peer-to-peer crypto-currencies like Bitcoin.

> It would be possible, however, to withdraw coins denominated in Bitcoin into a Taler wallet (with an appropriate exchange), which would give some benefits over plain Bitcoin, such as instant confirmation times.

I don't really know what to make of it.

Re: EU NGI TALER will bring private and secure online payments to the Eurozone

#9

Post by bobo18 »

laserbeam wrote: post #4
zwnow wrote: post #2

[flagged]

Thanks. I was suspicious while reading. The language makes it feel like it's an official EU project, but there's no EU branding, links to anything in EU governing bodies. At best they seem to mention they applied for eu horizon funding, which anyone can do. Very much junk indeed.

Actually, NGI (Next Generation Internet) is an official EU project, and they are involved in this (https://www.ngi.eu/ngi-projects/ngi-taler/)

Re: EU NGI TALER will bring private and secure online payments to the Eurozone

#10

Post by Dalewyn »

stevage wrote: post #8
notimetorelax wrote: post #3

Earlier quoted context omitted.

They explicitly mention that it’s not.

> Taler does not require any Blockchain technology, and is also not based on proof-of-work or any other distributed consensus mechanism. Instead, Taler is based on blind signatures. However, it is theoretically possible to combine Taler with peer-to-peer crypto-currencies like Bitcoin. > It would be possible, however, to withdraw coins denominated in Bitcoin into a Taler wallet (with an appropriate exchange), which w…

[flagged]
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