Prof Bill Buchanan OBE FRSE
1 min readMay 3, 2019

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You can’t mathematically operate on a hash value, as it only checks that one commitment. In the Pedersen Commitment, we can hide the transaction value so that only Bob and Alice know the value, but we can still debit or credit their accounts for the value, without others knowing their transaction value.

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Prof Bill Buchanan OBE FRSE

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.