Bitcoin full node and query server

Apr 4, 2018

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narodnik14:21
to prove something is either 2 or 0, you need ring signatures because they have the property that you know the signature came from a set of keys, but you don't know which key, so a signature is provided proving that the value is either 0 (using public key derived from first equation) or 2 (using public key derived from second equation) but you don't know which key specifically, just that it's either of them.
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neillm17:00
I'm new to this so may have it all wrong, but I think the blinding factor is still your priv key, and the tx output is just like any other tx. the difference is that the amount is encoded via the ring, and determining the amount relies on you checking every bit in the range to determine the final amount using the provided commitment and your priv key