Privacy and Anonymity in Monero

Prerequisites, Primitives & Notations Bitcoin Transactions Before getting into Monero, let’s first see how Bitcoin (BTC) transactions work. In BTC, every wallet has an Elliptic Curve Public-Private Key Pair. Let $G$ be the Generator of the Elliptic Curve used by BTC. If $x$ is someone’s private key, then $P = xG$ is his public key. Let’s dive into a transaction between Alice & Bob. Alice rents an…