RingCT combines the concepts of ring signatures and confidential transactions to hide both the sender’s identity and the transaction amount simultaneously. This enhancement ensures that transactions are verified and recorded on the blockchain while the sender, receiver, and amount remain private. A traditional transaction involves the sender signing the transaction with their private key. Ring […]
Category Archives: Cryptocurrency exchange
But chances are you won’t stand much chance of successfully mining bitcoin unless you work with other people, by joining a bitcoin mining pool for example. Nowadays, the bitcoin mining industry primarily operates on a pool level rather than on an individual level. Some of the biggest bitcoin mining pools in the world right now […]
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