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0 sats \ 3 replies \ @nerd2ninja 7 May \ parent \ on: Coinjoin Workshop aka Emessbee 🐝: Unstoppable Coinjoins with No Coordinator bitcoin
They're not called ring signatures, they're called "bulletproofs"
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0 sats \ 2 replies \ @sethforprivacy 7 May
No, I definitely know how Monero works.
Monero uses ring signatures to hide the true spend in each transaction, while Bulletproofs are a form of zero-knowledge range proof used to hide transaction amounts while still allowing them to be verifiable.
Both are core to Monero's privacy, but are different.
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0 sats \ 1 reply \ @nerd2ninja 7 May
Right a combination of Adam Back's proposal called "confidential transactions" and "bullet proofs". Thought you guys lumped them together and just called it "v2" or something.
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0 sats \ 0 replies \ @sethforprivacy 7 May
The implementation of confidential transactions in Monero is called "RingCT" because it's implemented as a part of the ring signature construction, so you're definitely on the right path with that thought :)
Note that bulletproofs are a drastically more efficient way of handling the proofs in confidential transactions and are just a part of them.
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