monero-site/knowledge-base/moneropedia/ringCT.md

20 lines
769 B
Markdown
Raw Normal View History

2016-09-22 10:59:00 +03:00
---
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.
2016-09-22 10:59:00 +03:00
For more information, please read the creator Shen Noether's paper [here](https://eprint.iacr.org/2015/1098).
{{ page.summary | capitalize }}.