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> if you move big amounts of money Most privacy enhanced coins hide the amounts with so-called confidential transactions, so only the parties involved know the
by tromp 3y ago
> if you move big amounts of money
Most privacy enhanced coins hide the amounts with so-called confidential transactions, so only the parties involved know the amount being transferred.
Huge amounts are no harder to hide than small ones.
- shafyy 3y agoIsn't one of the "advantages" of cryptocurrencies that all transactiosn can be verified decentrally and indpendently? How would you do that if people can hide the transaction details?
- tromp 3y agoYou do that with so-called Pedersen commitments [1] [2]. [1] https://elementsproject.org/features/confidential-transactions/investigation https://elementsproject.org/features/confidential-transactio... [2] https://mareknarozniak.com/2021/06/22/ct/ https://mareknarozniak.com/2021/06/22/ct/