Monero is a cryptocurrency that focuses on privacy and security. One of the features that helps to achieve this is Ring Confidential Transactions (RingCT). RingCT is a privacy-enhancing technology that obscures the amounts involved in Monero transactions, making it more difficult for outside parties to track the flow of funds.
Ring Confidential Transactions was introduced in January 2017 and has since become a standard feature in the Monero network. RingCT enhances the privacy of transactions by obscuring the amounts involved in a transaction, making it more difficult for outside parties to determine the exact amounts being transferred. Read More