BitcoinStu on Nostr: Relying on Pedersen Commitments and Range Proofs to audit your network is not a real ...
Relying on Pedersen Commitments and Range Proofs to audit your network is not a real audit. Any cryptographic flaw or exploit in them could and probably would go unnoticed. That's the point. You can't just add up all the coins. Instead you have to use cryptographic proofs to even know how much monero there is.
Published at
2024-08-29 04:21:25Event JSON
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"content": "Relying on Pedersen Commitments and Range Proofs to audit your network is not a real audit. Any cryptographic flaw or exploit in them could and probably would go unnoticed. That's the point. You can't just add up all the coins. Instead you have to use cryptographic proofs to even know how much monero there is.",
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