Ring signatures are a technically complicated technology but are extremely promising and help to achieve token anonymization and to identify applications. Essentially, a ring signature is something that proves that the signer has a private key corresponding to one of a specific set of public keys, but does not reveal which one it is. It is composed of the actual signer, who is then combined with the nonsigner to form a ring. The actual signer and nonsigner in this ring are both considered to be equal and valid. The actual signer is a one-time use key thing that corresponds with an output being sent from the sender's wallet. The nonsigners are outputs from past transactions that are drawn from the blockchain. These past transaction ...
Ring signatures
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