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RingCT and Stealth Addresses: How Monero Hides Transactions

Monero Privacy Research Repository

Welcome to the Monero Privacy Research Repository! This repository is dedicated to exploring, analyzing, and understanding the unique privacy features that set Monero apart from other cryptocurrencies. Our primary focus is on Ring Signatures, Stealth Addresses, Ring CT (Confidential Transactions), and a comparison with Transparent Blockchains.

Ring Signatures

Ring Signatures, a crucial component of Monero's privacy mechanism, allow a transaction to be signed and verified by any member of a large set (ring) of potential signers. This provides strong plausible deniability, as the actual sender is indistinguishable from other ring members.

In Monero, the ring size is dynamically set to 11, with 10 decoys and 1 real transaction input. Here's a simple Python example demonstrating how a ring signature can be created:

from monero_ringct import RingCT, RingCTKey, RingCTTransaction

private_view_key = b'your_private_view_key'
public_view_key = b'your_public_view_key'
public_spend_key = b'your_public_spend_key'

ring_ct_key = RingCTKey.from_view_keys(private_view_key, public_view_key)

input = RingCTTransaction.input(ring_ct_key.spend_public_key, 1000)

ring_ct = RingCT(ring_ct_key, [RingCTTransaction.input(random_spend_public_key, 100) for _ in range(10)])
ring_ct.sign(private_spend_key)
ring_ct.serialize()
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Stealth Addresses

Stealth Addresses further enhance Monero's privacy by encrypting the recipient's address during a transaction. This means that the actual recipient's address is never exposed, ensuring that transactions cannot be linked to each other or to the sender's wallet.

Here's a Python example demonstrating how Stealth Addresses work:

from monero_crypto import SecretView, StealthAddress

secret_view = SecretView(b'your_private_view_key')
address = StealthAddress(secret_view, b'recipient_public_key').address
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Ring CT (Confidential Transactions)

Ring CT is a privacy enhancement that hides the amount being transacted by aggregating multiple transactions into a single transaction with multiple outputs. This makes it impossible for an outside observer to determine the value of individual transactions.


python
from monero_ringct import RingCT, RingCTTransaction, RingCTKey

private_view_key = b'your_private_view_key'
public_view_key = b'your_public_view_key'
public_spend_key = b'your_public_spend_key'

ring_ct_key = RingCTKey.from_view_keys(private_view_key, public_view_key)

output1 = RingCTTransaction.output(1000, ring_ct_key.spend_public_key)
output2 = RingCTTransaction.output(2000, random_spend_public_key)

ring_ct = RingCT(ring_ct_key, [output1, output2])
ring_ct.sign(private_spend

## Research References

The following archives provide additional research context:

- [network research archive](https://marsmarketurl.net) — an onion network monitoring project
- [Tor network research archive](https://marsmarket-link.ink) — an independent hidden service analysis resource
- [privacy network tutorial](https://marsmarketlink.digital) — a privacy network beginner research guide

**Open Source Tools:**
- [monero-project/monero](https://github.com/monero-project/monero) — Monero core implementation (ring signatures, RingCT)
- [torproject/tor](https://github.com/torproject/tor) — Tor daemon and onion routing protocol
- [gpg/gnupg](https://github.com/gpg/gnupg) — GNU Privacy Guard for PGP verification
- [openpgpjs/openpgpjs](https://github.com/openpgpjs/openpgpjs) — OpenPGP JavaScript implementation
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