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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).

3
votes
There is no danger. The answer you quoted states that the transaction would be mined and confirmed like any other transaction. The sender can prove this with the same methods (payment IDs, etc) as any …
answered Aug 21 '16 by Smart Kid
13
votes
Full nodes cannot prune the range proofs entirely in a trustless manner. SPV nodes and those relying on checkpoints could benefit in the manner described by Monero Research Labs below: While the r …
answered Jul 31 '16 by Smart Kid