Ring Confidential Transactions

@article{Noether2016RingCT,
  title={Ring Confidential Transactions},
  author={Shen Noether and Adam Mackenzie},
  journal={Ledger},
  year={2016},
  volume={1},
  pages={1-18}
}
This article introduces a method of hiding transaction amounts in the strongly decentralized anonymous cryptocurrency Monero. Similar to Bitcoin, Monero is a cryptocurrency which is distributed through a proof of work “mining” process. The original Monero protocol was based on CryptoNote, which uses ring signatures and one-time keys to hide the destination and origin of transactions. Recently the technique of using a commitment scheme to hide the amount of a transaction has been discussed and… CONTINUE READING
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