📅 Original date posted:2016-02-09
📝 Original message:Hi all,
I am trying to fully grasp confidential transactions.
When a sender creates a confidential transaction and picks the blinding
values correctly, anyone can check that the transaction is valid. It
remains publically verifiable.
But how can the receiver of the transaction check which amount was
sent to him?
I think he needs to learn the blinding factor to reveal the commit
somehow off-chain. Am I correct with this assumption?
If yes, how does this work?
All the best
Henning
--
Henning Kopp
Institute of Distributed Systems
Ulm University, Germany
Office: O27 - 3402
Phone: +49 731 50-24138
Web: http://www.uni-ulm.de/in/vs/~kopp
Henning Kopp [ARCHIVE] /
npub1tu…elxvq
2023-06-07 17:49:00
in reply to nevent1q…8pem
Author Public Key
npub1tu9fzufm77cw438n470j5ac5myt3dzhyfw34pvdetsw5kvkrec6snelxvqSeen on
wss://relay.nostr.bandPublished at
2023-06-07 17:49:00Event JSON
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"content": "📅 Original date posted:2016-02-09\n📝 Original message:Hi all,\n\nI am trying to fully grasp confidential transactions.\n\nWhen a sender creates a confidential transaction and picks the blinding\nvalues correctly, anyone can check that the transaction is valid. It\nremains publically verifiable.\nBut how can the receiver of the transaction check which amount was\nsent to him?\nI think he needs to learn the blinding factor to reveal the commit\nsomehow off-chain. Am I correct with this assumption?\nIf yes, how does this work?\n\nAll the best\nHenning\n\n-- \nHenning Kopp\nInstitute of Distributed Systems\nUlm University, Germany\n\nOffice: O27 - 3402\nPhone: +49 731 50-24138\nWeb: http://www.uni-ulm.de/in/vs/~kopp",
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