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New protocol designed by the Monero Research Labs combining ring signatures from CryptoNote with Confidential transactions. RingCT transactions are not only untraceable (ring signature) but also keep the transaction amount private (confidential transaction).

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What's the difference between ring signatures and RingCT

Therefore I wonder, what is the difference between ring signatures and RingCT? Do ring signatures exist only inside RingCT, or is it its own privacy feature? Please, explain it like I'm five. …
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