- 07.02.2020

Monero stealth address

monero stealth addressThe Stealth Address, which has an underlying address info of two public keys (​, ), was developed by Monero blockchain in Stealth addresses hide the identity of the receiver of a blockchain transaction, ensuring stronger privacy and anonymity on the Monero network.

Monero stealth address

Let us take a quick dive into the three major technologies that obfuscate information on the blockchain. In the simplest sense, ring signatures, RingCT, and stealth addresses protect https://tovar-id.ru/address/bitcoin-address-destroyer-2020.html sender, receiver, and amount, respectively.

Analogy Think first about giving money monero stealth address monero stealth address in real life. monero stealth address

Monero stealth address

Pretty simple. With Monero, everything works the same monero stealth address, except instead of a bill with a set denomination, you give them an output with a loaded amount on it. This output is now theirs to spend in whatever way they monero stealth address.

Monero stealth address

Ring Signature To protect your privacy when sending money, Monero makes it appear as if several outputs were monero stealth address to send money to someone, but only one of these is actually spent. This is a ring signature.

Monero stealth address

Monero stealth address observers and receivers have no monero stealth address what money is actually monero stealth address in the transaction.

To hide this information, Monero now uses ring confidential transactions RingCT. When sending money, you cryptographically commit to spending a certain value without others knowing what this value is.

Monero stealth address

Stealth Addresses Finally, instead of sending monero stealth address directly to an address as is done with Bitcoin and most other cryptocurrencies, outputs are sent to one-time stealth addresses.

Think of these as one-time monero stealth address deposit boxes. Only the receiver can open the box to see what is inside of it and spend it.

Monero stealth address

Of course, many people will use this output as a decoy in their ring signatures. These videos are the perfect place to start.

Monero stealth address

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