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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<maaku> there's no consensus reason for the nonce to be in the transaction
<maaku> but otherwise you'd need an out of band communication mechanism and it'd be total chaos
<maaku> (use of the nonce should be optional though in any sane implementation)
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