Paper 2015/1098 Original: eprint.iacr.org/2015/1098 ↗
Ring Signature Confidential Transactions for Monero
Abstract
This article introduces a method of hiding transaction amounts in the strongly decentralized anonymous cryptocurrency Monero. Similar to Bitcoin, Monero is a cryptocurrency which is distributed through a proof of work ``mining'' process. The original Monero protocol was based on CryptoNote, which uses ring signatures and one-time keys to hide the destination and origin of transactions. Recently the technique of using a commitment scheme to hide the amount of a transaction has been discussed and implemented by Bitcoin Core Developer Gregory Maxwell. In this article, a new type of ring signature, A Multi-layered Linkable Spontaneous Anonymous Group signature is described which allows for hidden amounts, origins and destinations of transactions with reasonable efficiency and verifiable, trustless coin generation. The author would like to note that early drafts of this were publicized in the Monero Community and on the bitcoin research irc channel. Blockchain hashed drafts are available in \cite{Snoe}.
Metadata
- Available format(s)
PDF- Publication info
- Preprint.
- History
- 2015-12-17: last updated
- 2015-11-11: published
- Short URL
- https://ia.cr/2015/1098
- License
- https://creativecommons.org/licenses/by/4.0/
BibTeX
@misc{cryptoeprint:2015/1098,
author = {Shen Noether},
title = {Ring Signature Confidential Transactions for Monero},
howpublished = {Cryptology {ePrint} Archive, Paper 2015/1098},
year = {2015},
url = {https://eprint.iacr.org/2015/1098}
}