Why deposit your money with a central authority? The linked website points out that Taler adds instant confirmation to Bitcoin, but you can already get that using the Lightning Network - without custodial risk.
Your wallet stores digital coins that are blindly signed by an exchange. The Taler Exchange keeps funds matching all unspent digital cash in a settlement account. (Source)
When you add dollars or bitcoins or whatever to Taler, you’re making a deposit.
Why deposit your money with a central authority? The linked website points out that Taler adds instant confirmation to Bitcoin, but you can already get that using the Lightning Network - without custodial risk.
GNU-Taler is not a central authority though
Your wallet stores digital coins that are blindly signed by an exchange. The Taler Exchange keeps funds matching all unspent digital cash in a settlement account. (Source)
When you add dollars or bitcoins or whatever to Taler, you’re making a deposit.