3 ms·
This is a consequence of Grin implementing the so-called Mimblewimble protocol. Quoting from [1], > In Mimblewimble, outputs are Pedersen commitments r*G+v*H w
by tromp 4y ago
This is a consequence of Grin implementing the so-called Mimblewimble protocol. Quoting from [1],
> In Mimblewimble, outputs are Pedersen commitments r*G+v*H which combine value and blinding factor into a single curve point. The blinding factor serves both to hide the value and to control ownership. Correspondingly, a single (multi-)signature serves both to prove value balance (non-inflation) and to authorize transfer of ownership.
[1] https://np.reddit.com/r/CryptoTechnology/comments/kyhgcv/are_there_any_public_cryptocurrencyblockchain https://np.reddit.com/r/CryptoTechnology/comments/kyhgcv/are...