Wasabi Research Club # 18 - Protocol KVAC
Wasabi Wallet
Wasabi's KVAC protocol replaces blind signatures with algebraic MACs and Pedersen commitments to enable flexible coin mixing without denomination minimums. Users prove input commitments sum correctly and fall in valid ranges via Sigma protocols; during output registration, they randomize credentials and prove validity while preventing double-spending through serial numbers and overspending through

https://relay.towardsliberty.com/6cc413b0b825a8b7c130d38f85c697a4aab6e6775fe0153b6d9b962873c1d49e.mp4