Re: Monero vs Boolberry Chess Challenge and CryptoNote technical discussion

Quote from: ArticMine on December 03, 2015, 06:57:40 AM

Quote from: languagehasmeaning on December 03, 2015, 04:57:33 AM

I just noticed this:

"edit 11/27/2015: demo version of RingCT using the MLSAG's is coded - next up is implementing 1. Diffie helman passing of masks and 2. implement a short representation of amounts"

https://www.reddit.com/r/Monero/comments/3pw30d/ringct_for_monero_updated_versions/

Progress seems to be happening pretty quickly! After the next implementation step it sounds like the proof of concept should be pretty well established. It seems to be that RingCT is a matter of WHEN instead of IF.

Yes this is very exciting; however it will require extensive peer review and testing before implementation.

If peer review supports the soundness of RingCT cryptography interest could expand exponentially. There are more potential uses than I can count and this is the most promising privacy technology I have seen so far. The inability to verify the number of coins in circulation with ZeroCoin scares me. At least if something goes wrong with the money supply system with RingCT we would be able to tell.