shortwavesurfer2009 on Nostr: Correct, an amount cannot be viewed on chain without the view keys. There was a talk ...
Correct, an amount cannot be viewed on chain without the view keys. There was a talk at Monero Topia yesterday where the guy said that the way it works is that Monero uses range proofs to prove that a value is a positive number and less than 2 to the power of 64. This has to be done because if there were a negative value the equation would still balance but a small negative number would generate a positive number of like 2 to the power of 200 and let you inflate the supply.
Published at
2024-11-15 12:19:44Event JSON
{
"id": "d34c084a1bf0c837f66e3b0b92aa0bb8513f9e4df9d5704cb7405266fb925009",
"pubkey": "465eb13404d7219cd91c2b4a8a7e308ad4e09bc1298dc08c5eec852e9bf5da09",
"created_at": 1731673184,
"kind": 1,
"tags": [
[
"p",
"465eb13404d7219cd91c2b4a8a7e308ad4e09bc1298dc08c5eec852e9bf5da09",
"",
"mention"
],
[
"p",
"70441609369d77ea553d805ee9af58b29e4c39d5b08b3956741839c2f3feebcc",
"",
"mention"
],
[
"p",
"f9c4c8a6ed9acc07bf919ec6666c6e0e66143ba43935e16b5159546d5da53ba2"
],
[
"e",
"0024dd0e2481cc96bcd73438e7231913ad2ccdee85c8d4c1952bc4fdbf049294",
"",
"root"
],
[
"e",
"9dc132f38edaa9dd503c6391aa8d5a0adbe8e061a574446aa650e64766e069c0",
"",
"reply"
]
],
"content": "Correct, an amount cannot be viewed on chain without the view keys. There was a talk at Monero Topia yesterday where the guy said that the way it works is that Monero uses range proofs to prove that a value is a positive number and less than 2 to the power of 64. This has to be done because if there were a negative value the equation would still balance but a small negative number would generate a positive number of like 2 to the power of 200 and let you inflate the supply.",
"sig": "c0a76b403af411a478ae6728f422952f4def700d74a597a666ec2cbdb5b20f8bf632ce71e90ca54d1ed952f746b74ab66866bae91f1a63d68f38fcdaab27fc82"
}