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Jul 11, 2018
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in the libbitcoin Slack
#general
mirror.
skaht
17:14
@Revive
- If CT stays on either mainnet or testnet, there should be absolutely no inflation other than that prescribed by Bitcoin consensus rules. Homomorphic encryption properties of Ring CT, see
https://www.elementsproject.org/elements/confidential-transactions/investigation.html
, also ensures no extra inflation is induced. From a quick examination of
https://www.elementsproject.org/elements/confidential-transactions/
, it appears a new address and transaction type are needed to on chain support of CT. I’m guessing
https://github.com/bitcoin/bips/blob/master/bip-0068.mediawiki
nVersion
might have to be incremented to support a Ring CT capability.
(edited)
GitHub
bitcoin/bips
bips - Bitcoin Improvement Proposals