Create ringCT.md

This commit is contained in:
Patrick Alexander 2016-09-22 01:59:00 -06:00 committed by GitHub
parent 67300f4601
commit c5d16ba4bc

View file

@ -0,0 +1,19 @@
---
layout: moneropedia
entry: "Ring CT"
terms: ["ringCT", "ring-CT"]
summary: "a way to hide the amount sent in a Monero transaction"
---
### The Basics
RingCT, short for ring confidential transactions, is a way to hide the amount sent in a Monero transaction. This feature is currently in the testnet phase and is a high development priority.
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.
For more information, please read the creator Shen Noether's paper [here](https://eprint.iacr.org/2015/1098).
{{ page.summary | capitalize }}.