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Commit 14c97fba authored by Justin Ehrenhofer's avatar Justin Ehrenhofer Committed by GitHub
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Update ringCT.md

We are now past September.
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......@@ -8,7 +8,7 @@ summary: "a way to hide the amount sent in a Monero transaction"
### The Basics
RingCT, short for Ring Confidential Transactions, is how transaction amounts are hidden in Monero.
Ring CT was implemented in block #1220516 and is currently used in over 95% of Monero transactions. After September 2017 this feature will be mandatory for all transactions on the network.
Ring CT was implemented in block #1220516 in January 2017. After September 2017, this feature became mandatory for all transactions on the network.
RingCT introduces an improved version of @ring-signatures called A Multi-layered Linkable Spontaneous Anonymous Group signature, which allows for hidden amounts, origins and destinations of transactions with reasonable efficiency and verifiable, trustless coin generation.
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