What is a Ring Signature?
A Ring Signature is a cryptographic method that lets a user sign a transaction anonymously within a group—so that no one can tell who actually signed it.
It’s like putting your signature in a pile with others: the transaction is proven valid, but the real signer stays hidden.
Key Features
- Sender Anonymity — The actual sender is mixed into a group of decoy signers—all equally likely to be the origin.
- Unlinkable Transactions — Transactions cannot be traced to a specific wallet, even with blockchain analysis.
- No Coordination Needed — The sender doesn’t need permission from the other group members—their public keys are used anonymously.
- Double-Spend Protection — With One-Time Linkable Ring Signatures (used in Xcoin), the network can still detect duplicate transactions without knowing who sent them.
How It Works (Simplified)
- The sender creates a group (a “ring”) of possible signers, including themselves and others’ public keys.
- They generate a ring signature that proves one of the group signed the transaction—but not which one.
- The network verifies the signature without ever knowing the sender’s identity.
In Xcoin, every transaction uses One-Time Linkable Ring Signatures by default.
That means: no sender, no traces, no leaks—ever.