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7575e6d8e1
- Removed the 'untranslated.html' snippet (_includes/untranslated.html). Since now we are using 'disclaimer.html' everywhere - Replaced the old snippet with the new disclaimer (introduced with #966) in all Moneropedia entries - Add snippet where it was missing - Updated instructions in the README
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1.9 KiB
Markdown
17 lines
No EOL
1.9 KiB
Markdown
---
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terms: ["ring-signature", "ring-signatures"]
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summary: "a group of cryptographic signatures with at least one real participant, but no way to tell which in the group is the real one as they all appear valid"
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---
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{% include disclaimer.html translated="no" translationOutdated="no" %}
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### The Basics
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In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine *which* of the group members' keys was used to produce the signature.
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For instance, a ring signature could be used to provide an anonymous signature from "a high-ranking White House official", without revealing which official signed the message. Ring signatures are right for this application because the anonymity of a ring signature cannot be revoked, and because the group for a ring signature can be improvised (requires no prior setup).
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### Application to Monero
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A ring signature makes use of your @account keys and a number of public keys (also known as outputs) pulled from the @blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a "ring" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your @account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there are no @fungibility issues with Monero given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent).
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To read how Monero gives you privacy by default (unlinkability), see @stealth-addresses. |