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Create new term, ringCT
19 lines
769 B
Markdown
19 lines
769 B
Markdown
---
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layout: moneropedia
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entry: "Ring CT"
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terms: ["ringCT", "ring-CT"]
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summary: "a way to hide the amount sent in a Monero transaction"
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---
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### The Basics
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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.
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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.
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For more information, please read the creator Shen Noether's paper [here](https://eprint.iacr.org/2015/1098).
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{{ page.summary | capitalize }}.
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