2019-03-10 21:28:49 +00:00
|
|
|
---
|
2021-10-05 08:53:48 +00:00
|
|
|
summary: 'a way to hide the amount sent in a Monero transaction'
|
2019-03-10 21:28:49 +00:00
|
|
|
terms: ["ringCT", "ring-CT"]
|
|
|
|
---
|
|
|
|
|
2020-08-16 17:11:02 +00:00
|
|
|
{% include disclaimer.html translated="no" translationOutdated="no" %}
|
2021-10-05 08:53:48 +00:00
|
|
|
|
2019-03-10 21:28:49 +00:00
|
|
|
### The Basics
|
|
|
|
|
2021-10-05 08:53:48 +00:00
|
|
|
RingCT, short for Ring Confidential Transactions, is how transaction amounts
|
|
|
|
are hidden in Monero.
|
|
|
|
|
|
|
|
Ring CT was implemented in block #1220516 in January 2017. After September
|
|
|
|
2017, this feature became mandatory for all transactions on the network.
|
2019-03-10 21:28:49 +00:00
|
|
|
|
2021-10-05 08:53:48 +00:00
|
|
|
RingCT introduces an improved version of @ring-signatures called "A
|
|
|
|
Multi-layered Linkable Spontaneous Anonymous Group signature", which allows
|
|
|
|
for hidden amounts, origins and destinations of transactions with reasonable
|
|
|
|
efficiency and verifiable, trustless coin generation.
|
2019-03-10 21:28:49 +00:00
|
|
|
|
2021-10-05 08:53:48 +00:00
|
|
|
For more information, please read the creator Shen Noether's paper
|
|
|
|
[here](https://eprint.iacr.org/2015/1098).
|