monero-site/_i18n/en/resources/moneropedia/weblate/bulletproofs.pot

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"POT-Creation-Date: 2021-09-06 10:59+0200\n"
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#. type: YAML Front Matter: summary
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:1
#, no-wrap
msgid "a new kind of range proofs replacing RingCT in transactions to obfuscate the amounts sent"
msgstr ""

#. type: YAML Front Matter: terms
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:1
#, no-wrap
msgid "[\"bulletproofs\", \"bulletproof\"]"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:7
#, markdown-text
msgid "{% include disclaimer.html translated=\"no\" translationOutdated=\"no\" %}"
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#. type: Title ###
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:8
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msgid "The Basics"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:10
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msgid "@RingCT was introduced to obfuscate transaction amounts. One goal of @RingCT was to prove the sum of inputs - outputs in the @transaction was equal to 0, and all outputs were positive numbers.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:11
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msgid "To accomplish this, two kind of ring signatures were constructed: One ring signature for the whole transaction (to prove the sum is 0), and a set of ring signatures for the subsets of transaction bits (to prove the outputs are positive numbers), then combined together using originally Schnorr signatures (and later replaced by Borromean ring signature).  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:13
#, markdown-text
msgid "While it was doing the job, a big drawback was the huge size of such a ringCT transaction."
msgstr ""

#. type: Title ###
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:14
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msgid "Where it comes to bulletproofs"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:16
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msgid "Back in 2017, a [Standford applied crypto group](https://crypto.stanford.edu/bulletproofs/) wrote a [paper](https://eprint.iacr.org/2017/1066.pdf) presenting a new kind of range proofs, called bulletproofs.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:19
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msgid "> Bulletproofs are short non-interactive zero-knowledge proofs that require no trusted setup.\n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:20
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msgid "Bulletproofs, unlike Borromean or Schnorr signatures, are very efficient as range proofs. Proving a big set of data only generates a small proof, and the size of this proofs grows logarithmically with the size of the data being proved.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:21
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msgid "It means that increasing the number of outputs in a transaction will, with bulletproofs only slightly increase the size of the proof.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:23
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msgid "Bulletproofs also have the advantage to allow to prove that multiple committed amounts are in the desired range at once. No need to prove each output to each destination in separate proofs; the whole transaction amounts could be proven in one bigger (but still very small) bulletproof."
msgstr ""

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#: ../_i18n/en/resources/moneropedia/bulletproofs.md:24
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msgid "Thorough audit process and implementation"
msgstr ""

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msgid "As bulletproofs were really new, and the initial implementation made by the group, while thoroughly done, needed a rewrite focused on our specific use-case, implementing bulletproof in Monero was not a simple thing.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:27
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msgid "The code has been written and rewritten to follow the new version of bulletproofs which was still being developed, but once this Monero implementation was finalized, the resulting deployment should be taken with extreme care.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:28
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msgid "Therefore, the community started an auditing process. Researchers reached out to Benedikt Bünz, lead author of the Bulletproofs paper, and to [OSTIF](https://ostif.org/) an organization which helps open source technologies to improve and secure themselves.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:29
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msgid "OSTIF directed the group to several organizations with the skills required to perform the audit. While one of them asked to be kept unnamed and was therefore put away from the process that needed to be public, two others (QuarksLab & Kudelski Security) were choosen to conduct the audit.  \n"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:32
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msgid "Our 3 auditors were funded by the community to ensure that the implementation did not contain any critical bugs or exploits.  The final reports were released during the summer of 2018, with several useful corrections and fixes suggested, and the final bulletproof implementation has been added first to Monero Stagenet, and then to the main Monero network during the October 2018 network upgrade."
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:34
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msgid "Since the bulletproofs deployment, the size of an average transaction has dropped by at least 80%, as well as the transaction fees."
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/bulletproofs.md:35
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msgid "More explanations on Monero's implementation of bulletproofs could be found on youtube fondajo channel in a [conversation with Sarang Noether](https://www.youtube.com/watch?v=6lEWqIMLzUU)."
msgstr ""