sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<ECH>
maaku: So what's the point of the ecdh nonce in the confidential transaction if the amount is obfuscated in the pedersen commitment and the Confidential Transaction Address is in the scriptPubKey?
<ECH>
is it used to verify the pedersen commitment?
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<sipa>
ECH: it's there to communicate encrypted data to the receiver of the transaction
<sipa>
(which could also just be communicated out of band)
<ECH>
Which he needs to decrypt the confidential transaction?
<sipa>
so he can learn the amount and blinding factor
<ECH>
got it
<ECH>
ty vm
<sipa>
in particular, a CT output can't be spent without knowing the blinding factor
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