Monero (XMR) (@monero): 'A Simple Explanation of Pedersen Commitments in Monero' - by @schmidt1024
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'A Simple Explanation of Pedersen Commitments in Monero' - by @schmidt1024 'Alice sends Bob 10 Monero. She hides the amount (10) in a “magic box” (Pedersen Commitment, see post below). This magic box uses math tricks to prove: - total money coming in and out balances (no… twitter.com/schmidt1024/st… Quote [@schmidt1024](https://www.twitter.com/schmidt1024/status/1827401089588789662) > Understanding Pedersen Commitments in Monero > > How Monero Maintains Privacy and Integrity in Every Transaction > > 1/ Pedersen Commitments are key to Monero's privacy and security. They allow transaction amounts to remain hidden while ensuring no extra Monero is created. > > 2/ When you…