From c5d16ba4bccdbebba9613c270a0a2acc395ca21f Mon Sep 17 00:00:00 2001 From: Patrick Alexander Date: Thu, 22 Sep 2016 01:59:00 -0600 Subject: [PATCH] Create ringCT.md --- knowledge-base/moneropedia/ringCT.md | 19 +++++++++++++++++++ 1 file changed, 19 insertions(+) create mode 100644 knowledge-base/moneropedia/ringCT.md diff --git a/knowledge-base/moneropedia/ringCT.md b/knowledge-base/moneropedia/ringCT.md new file mode 100644 index 00000000..def943ea --- /dev/null +++ b/knowledge-base/moneropedia/ringCT.md @@ -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 }}. + + + + + +