📢 𝗥𝗲𝗹𝗲𝗮𝘀𝗶𝗻𝗴 𝗔𝗹𝗶𝗰𝗲'𝘀 𝗥𝗶𝗻𝗴: 𝗔 𝗡𝗲𝘄 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿 𝗶𝗻 𝗣𝗿𝗶𝘃𝗮𝗰𝘆

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After nearly a year of dedicated research and development, the Cypher Lab team is thrilled to unveil our latest innovation: 𝗔𝗹𝗶𝗰𝗲'𝘀 𝗥𝗶𝗻𝗴 !

🎉𝗪𝗵𝗮𝘁 𝗶𝘀 𝗔𝗹𝗶𝗰𝗲'𝘀 𝗥𝗶𝗻𝗴? 🤔

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Alice's Ring presents a novel application of 𝗿𝗶𝗻𝗴 𝘀𝗶𝗴𝗻𝗮𝘁𝘂𝗿𝗲𝘀, enabling users to demonstrate attributes privately.

But what exactly are ring signatures? To keep it simple, ring signatures can be seen as a form of Zero-Knowledge Proof (ZKP) focused on group membership by concealing the true signer identity among an arbitrary amount of possible signers. 🔍

For example, a user can prove to a third party that they are part of a group sharing a common characteristic (own an NFT, possess a certificate, a valid credential…), without revealing any other information. This enables anonymity and strengthens privacy in digital interactions. 🛡️

Through the 𝗔𝗹𝗶𝗰𝗲'𝘀 𝗥𝗶𝗻𝗴 𝗽𝗿𝗼𝘁𝗼𝗰𝗼𝗹, we implemented various ring signature algorithms in TypeScript. These implementations are designed to be 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗮𝗻𝗱 𝗰𝗵𝗮𝗶𝗻-𝗮𝗴𝗻𝗼𝘀𝘁𝗶𝗰, 𝗺𝗮𝗸𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝘀𝘁𝗮𝗰𝗸 𝘂𝘀𝗮𝗯𝗹𝗲 𝗶𝗻 𝗯𝗼𝘁𝗵 𝗼𝗻-𝗰𝗵𝗮𝗶𝗻 𝗮𝗻𝗱 𝗼𝗳𝗳-𝗰𝗵𝗮𝗶𝗻 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀. Since we directly interact with private keys, we had the 𝗦𝗔𝗚 𝗰𝗼𝗱𝗲 𝗮𝘂𝗱𝗶𝘁𝗲𝗱 𝗶𝗻 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟰 to ensure its security and correctness. The libraries are 𝗼𝗽𝗲𝗻-𝘀𝗼𝘂𝗿𝗰𝗲, and you can find them on our GitHub or npm organization: Cypher-Laboratory. 💻

Our goal at Cypher Lab is to empower you to explore new privacy solutions within the blockchain ecosystem using robust and innovative cryptographic primitives.The creation of Alice's Ring was made possible through a grant from the 𝗫𝗥𝗣 𝗟𝗲𝗱𝗴𝗲𝗿 (𝗫𝗥𝗣𝗟) 𝗚𝗿𝗮𝗻𝘁𝘀 𝗽𝗿𝗼𝗴𝗿𝗮𝗺.

The XRPL Grants program supports projects that promise to enhance innovation and bring utility to the XRP Ledger, a decentralized, layer 1 blockchain. For over 10 years, the XRPL has been trusted by developers and businesses to provide secure and efficient transactions. 🏆

In addition to Alice's Ring, the Cypher Lab Team has also developed 𝗫𝗥𝗣𝗟 𝗦𝗼𝗹𝘃𝗲𝗻𝗰𝘆, the first application that allows XRPL users to prove their solvency through on-chain proof generated using ring signature.Access the beta at: https://xrplsolvency.com/

‍We would also like to thank RippleX, KRYPTOSPHERE®&KRYPTOSPHERE® Accelerator, Institut des Crypto-Actifs, XRPL Commons, GemWallet, H7&iExec for their support and guidance. Thanks to them, we were able to envision numerous application cases for Alice's Ring by understanding the needs and expectations of the privacy market. 🤝

All of this is just the beginning of our work, and we hope that the release of Alice's Ring will spark your interest in developing applications that enhance user privacy within the blockchain ecosystem. 🚀