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1.5.2 Ring Signature
ОглавлениеAlthough the decentralized mixing techniques gives an “excellent” mixing in the blockchain, but they still need a delay till the time participants discover or find their partners for their transactions to be mixed. The ring signature enables a user (also a member of a set) to sign a message on behalf of the “ring” of members but there is no way to say that which one is real and who have signed. The core idea and methodology of this technology is the choice of a set without any central manager, which will significantly improve privacy in blockchain [1].
Brief of mixing services in blockchain [1].
Protocol | Anonymity | Centralized Party | Mix Cost | Sybil Strength | Dos Strength | Mixing Scale | Theft Strength | Waiting Time |
Mixing website | Linkable at mixer | Required | Yes | Good | Poor | L/A | High | Long |
CoinSwap | Linkable at mixer | Required | Yes | Good | Poor | N/A | Safe | Long |
Mixcoin | Linkable at mixer | Required | Yes | Good | Poor | N/A | Accountable | Long |
Blindcoin | Unlinkable | Required | Yes | Good | Poor | N/A | Accountable | Long |
Blindly Signed Contracts | Unlinkable | Required | Yes | Good | Poor | N/A | Safe | Long |
TumbleBit | Unlinkable | Required | Yes | Good | Good | L/T | Safe | Long |
Dash | Unlinkable | Required Many | Yes | Good | Good | Less | P/D | Normal |
Coinjoin | Internal Unlinkable | Decentralized | No | Poor | Poor | Less | High | Long |
CoinShuffle | Unlinkable | Decentralized | No | Good | Moderate | Less | High | Long |
XIM | Unlinkable | Decentralized | No | Moderate with fees | Moderate with fees | Large | Low | Long |
Abbreviations:
L/A—Limited to access
N/A—No Limitation
L/T—Limited by transaction
P/D—Prevented with deposit