Typo

README.md

@@ -28,33 +28,31 @@ From a technical perspective, not having to manage the reserve on-chain makes th
 
 ## How does the system scale?
 
-The core idea of the regulated stablecoin is to run a check every time that the owner of some amount of regulated tokens changes. This check is performed by the _transfer logic script_, a plutus program that consults a list of sanctioned addresses to ensure that the receiving address is not on it. 
+The core idea of the regulated stablecoin is to run a check every time the owner of some amount of regulated tokens changes. This check is performed by the _transfer logic script_, a plutus program that consults a list of sanctioned addresses to ensure that the receiving address is not on it. 
 
 The list of sanctioned addresses is the only data structure that (a) needs to be read from by every transaction of the transfer logic script and (b) gets changed regularly during the operation of the stablecoin.
 
 All other factors (number of scripts, script budget, max. number of transfer checks per transaction and so forth) are fixed and do not depend on the number of users.
 
-It is important to note that the list of sanctioned addresses scaled in space (number of UTxOs), but working with the data structure is done in constant time due to the way the data is laid out.
+It is important to note that the list of sanctioned addresses scales in space (number of UTxOs), but working with the data structure is done in constant time due to the way the data is laid out.
 
-There is also no risk of UTxO congestion as the "system outputs" are used as reference inputs and not spent by user-to-user transfers.
+There is also no risk of UTxO congestion as the "system outputs" are used as reference inputs and not spent by user-to-user transfers. Each user-to-user transfer is processed independently.
 
 ### Sanctioned Addresses
 
-The list of sanctioned addresses is stored on-chain as a [_linked list_](https://github.com/Anastasia-Labs/plutarch-linked-list). This means that each entry (address) in the list is represented single transaction output that includes the address itself as well as a pointer to the next address in lexicographical order.
+The list of sanctioned addresses is stored on-chain as a [_linked list_](https://github.com/Anastasia-Labs/plutarch-linked-list). This means that each entry (address) in the list is represented as a single transaction output that includes the address itself as well as a pointer to the next address in lexicographical order.
 
-When checking a transfer the transfer logic script is provided with a single reference input pointing to the relevant entry in the ordered linked list. 
+When checking a transfer, the transfer logic script is provided with a single reference input containing the relevant entry in the ordered linked list. 
 
 The transfer transaction does not spend the linked list output, therefore the same linked list output can be used by many transactions in the same block and across multiple blocks.
 
 #### How many sanctioned addresses are there?
 
-Publicly available data on Tether (the largest fiat stablecoin) [1] [2] indicates that Tether has a total of [1990 sanctioned addresses](https://dune.com/phabc/usdt---banned-addresses), out of [109 million on-chain wallets](https://tether.io/news/how-many-usdt-on-chain-holders-are-there/) (Dec. 2024). This suggests that about 0.002 percent of addresses need to be blacklisted.
+Publicly available data on Tether (the largest fiat stablecoin) indicates that Tether has a total of [1990 sanctioned addresses](https://dune.com/phabc/usdt---banned-addresses), out of [109 million on-chain wallets](https://tether.io/news/how-many-usdt-on-chain-holders-are-there/) (Dec. 2024). This suggests that about 0.002 percent of addresses need to be blacklisted.
 
 If our system achieved the scale of Tether then we would need about 1200 UTxOs to store the linked list. At current Ada prices this would amount to 1800 USD in min Ada UTxO deposits, an amount that will be refunded in its entirety when the linked list is deleted.
 
-USDC, another fiat-stablecoin, currently has [264 blacklisted addresses](https://bloxy.info/txs/events_sc/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48?signature_id=257159) and 3m users, with a blacklist ratio of about 0.009%.
-
-### 
+USDC, another fiat-stablecoin, currently has [264 blacklisted addresses](https://bloxy.info/txs/events_sc/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48?signature_id=257159) and 3m users, with a blacklist ratio of about 0.009 percent.
 
 # Contributing