Question

What is a confidential transaction?

Answer 1

A confidential transaction refers to a financial transaction where the details and information related to the transaction are kept private and secure, usually known only to the parties involved in the transaction. This is often done to protect sensitive information, maintain privacy, and prevent unauthorized access to the transaction details.

Answer 2

A confidential transaction is a type of transaction where the details and participants involved in the transaction are kept private and not disclosed to the public or unauthorized parties. These transactions are designed to maintain the privacy and confidentiality of the parties involved and the information exchanged during the transaction.