Bitcoin Q&A: What are Bulletproofs?

[@graingert]

The proof that the numbers add to Zero is relatively simple, the tricky bit is proving they don't overflow - hence the name "Range proof"

[@gcabbar]

We need more people like you in the space. Thanks for the videos.

[@1983banana1983]

Great! Another video :) Like before watching. Because of Andreas.

[@5schavez]

Love your videos. Could you describe the difference in monero and zcash and the pros and cons of each?

[@ZacheryGlass]

Constantly advocate for privacy and make a video on bulletproofs without mentioning Monero. Shame.

[@aantonop]

These videos are made from questions submitted by my patrons and this particular video was recorded on September 29th (one month ago today), which was weeks before Monero's hard fork. I always include these recording dates in the video description, in case anyone is curious or concerned about how up-to-date the information is.

[@gbuwally6326]

Always providing value to the ecosystem. Thank you.

[@Zeppelin9899]

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.

[@gianluca.g]

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?

[@ZacheryGlass]

Completely different thing from MimbkeWimble.

[@JonathanCr0ss]

Bullet Proofs offer a compact way to implement Confidential Transactions. So you need to look at how tx fees are handled there. In Monero's implementation of Confidential Transactions (called RingCT) the fee amounts are not hidden: monero.stackexchange.com/questions/1069/ring-ct-and-transactions-fee Since CT doesn't exist in Bitcoin yet, we don't know how it might (potentially) be implemented. Grin (an implementation of Mimblewimble) also supports CT with a fee in the clear: github.com/mimblewimble/grin/blob/master/doc/intro.md

[@randomthoughtguy5209]

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)

[@leonikou]

And folks, wherever you are out there, just remember... Nacho Cheese, Nacho Bitcoin.

[@smaug.the.stupendous]

I read the bulletproof research paper... didn't get past the first page...

[@Autonova]

This is so genius.

[@alexlary4504]

Can bullet proofs be added to btc?

[@JonathanCr0ss]

They are not needed in Bitcoin. They solve a problem that Bitcoin doesn't have yet: large range proofs used in Confidential Transactions. If CT is ever implemented for Bitcoin (unlikely) then Bullet Proofs or something similar would be used.

[@spIette]

Unrelated question: Is that the new Thinkpad X1 Extreme? (or P1?)

[@nion456789]

Smashed the like

[@vydasdasvy8600]

smashed the like