14 Nov '17, 1am

Updates on Confidential Transactions efficiency:

Jump to "New things here" if you're already up to speed on CT and just want the big news. Back in 2013 Adam Back proposed that Bitcoin and related systems could use additive homomorphic commitments instead of explicit amounts in place of values in transactions for improved privacy. ( https://bitcointalk.org/index.php?topic=305791.0 ) We've since adopted the name 'confidential transactions' for this particular approach to transaction privacy. This approach makes transaction amounts private--known only to the sender, the receiver, and whichever parties they choose to share the information with through sharing watching keys or through revealing single transactions. While that, combined with pseudonymous addresses, is a pretty nice privacy improvement in itself, it turns out that these blinded commitments also perfectly complement CoinJoin ( https://bitcointalk.org/index.php?t...

Full article: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2...

Tweets

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