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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
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Fees are based on the size of the transaction in bytes, not the size in Monero. I believe that ring CT will slightly increase the average size of transactions, so fees will be slightly increase unless …
answered Aug 12 '16 by jwinterm
20
votes
There is a command to lock coins when you make a transaction by RPC in simplewallet. I don't think it's implemented in the command line interface. It's the unlock_time parameter in the JSON RPC transf …
answered Jul 22 '16 by jwinterm