monero-project/monero-site
monero-project/monero-site
1
0
Fork 0
mirror of https://github.com/monero-project/monero-site.git synced 2024-12-24 12:39:46 +00:00
Code Issues Projects Releases Packages Wiki Activity Actions

Create ringCT.md

Browse source
This commit is contained in:
Patrick Alexander 2016-09-22 01:59:00 -06:00 committed by GitHub
parent 67300f4601
commit c5d16ba4bc
1 changed files with 19 additions and 0 deletions
Show stats Download patch file Download diff file Expand all files Collapse all files

19
knowledge-base/moneropedia/ringCT.md Normal file
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 }}.