What are Bulletproofs? What is a range proof? Why is encrypting amounts important for financial privacy? How does it use non-interactive zero-knowledge proofs to hide amounts without risking inflation?

Confidential Transactions by Greg Maxwell:
https://people.xiph.org/~greg/confidential_values.txt

“Bulletproofs: Short Proofs for Confidential Transactions and More” – http://web.stanford.edu/~buenz/pubs/bulletproofs.pdf

This question is from the September monthly Patreon session, which took place on September 29th 2018. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

RELATED:
Worse Than Useless: Financial Surveillance – https://youtu.be/n4F-h4xuXMk
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
Mixing services – https://youtu.be/rKoMvOH4zoY
Altcoins and specialisation – https://youtu.be/b_Yhr8h6xnA
The price of losing privacy – https://youtu.be/2G8IgiLbT_4
The war on cash and crypto – https://youtu.be/BAlRKfvBnvw
MimbleWimble and Schnorr signatures – https://youtu.be/qloq75ekxv0
MimbleWimble and Dandelion – https://youtu.be/LjDJGTpK_lE
Schnorr signatures and the privacy roadmap – https://youtu.be/JeJzwZgxF50
Coin selection and privacy – https://youtu.be/3Ck683CQGAQ
Atomic swaps – https://youtu.be/fNFBA2UmUmg
Decentralised exchanges with fiat – https://youtu.be/3Url8tbQEkA
Decentralised exchanges and counterparty risk – https://youtu.be/hi_jaw0dT9M
The Lightning Network – https://www.youtube.com/playlist?list=PLPQwGV1aLnTurL4wU_y3jOhBi9rrpsYyi
How do I choose a wallet? – https://youtu.be/tN6b62sEpsY
Hot vs. cold wallets – https://youtu.be/Aji_E9sw0AE
Secure, tiered storage system – https://youtu.be/uYIVuZgN95M
How do I secure my bitcoin? – https://youtu.be/vt-zXEsJ61U
HODLing and the “get free” scheme – https://youtu.be/MhOwmsW1YNI
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
Airdrop coins and privacy implications – https://youtu.be/JHRnqJJ0rhc
Bitcoin as everyday currency – https://youtu.be/xYvvSV4mjH0

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

source

23 COMMENTS

  1. As always, you're amazing Andreas. EVERYONE help support him by becoming a Patron on Patreon!!! You are the reason I first signed up for Patreon btw. First person I became a Patron for 🙂 Btw volume is very low on this recording brotha.

  2. If someone/something wants to destroy Bitcoin network, what are the easiest way that it could be archived ? And what are the likelyhood/possibility that it could happen ? (hoping to be hearing your answer in the next video, thank you)

  3. My dearest respect for all you've done for the cryptoshpere Andreas, but you as a privacy advocate explaining Bulletproof and range proof WITHOUT even mentioning their latest successful implementation into a noteworthy cryptocurrency leaves a doubtful impression.

  4. is BulletProof a subset of MimbleWimble or a completely different thing? And if the miner fee is implied in the difference between the sum of the inputs and the sum of the outputs, how can the miner infer this amount when including the transaction in a block?

LEAVE A REPLY

Please enter your comment!
Please enter your name here