Ring signatures conceal the signer’s identity by having them “sign” as a group. The only condition for verification of a ring signatureInitially designed in 2001, ring signatures was proposed as a method to "leak a secret". For example, a ring signature... Read More is confirmation that a group member could have signed the message. Anyone within the signing group (each with their own key) can perform the signature, which enables the sender’s anonymity to outsiders while verifying to recipients (who are aware of all potential signers) that one of them signed the message. A ring signature allows a group of users to sign without revealing which member signed it. However, it is not possible to remove an individual’s anonymity. Ring signatures were eventually incorporated into cryptocurrencyA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... design and utilized by privacy coinsPrivacy coins are designed and developed with the continual focus of transaction privacy and data anonymity in mind. The foremost... Read More like Monero.
