Ring Signature
By CoinGecko | Updated on Mar 03, 2020
Initially designed in 2001, ring signatures was proposed as a method to "leak a secret". For example, a ring signature could be used to provide an anonymous signature from "a high-ranking White House official", without revealing which official signed the message. Ring signatures are similar to group signatures but differ in two key ways: first, there is no way to revoke the anonymity of an individual signature, and second, any group of users can be used as a group without additional setup. This signature implementation was then incorporated in cryptocurrency design which gave birth to Monero and other privacy coins.
Related Terms
Bear Market
Contrary to bull market, it indicates the direction of the market going for downward trend.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
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