# Notation Sending user: `Alice`
Receiving user: `Carol`
Mint: `Bob` ## Bob (mint) - `k` private key of mint (one for each supported amount) - `K` public key of mint - `Q` promise (blinded signature) ## Alice (user) - `x` random string (secret message), corresponds to point `Y` on curve - `r` private key (blinding factor) - `T` blinded message - `Z` proof (unblinded signature) # Blind Diffie-Hellman key exchange (BDH) - Mint `Bob` publishes `K = kG` - `Alice` picks secret `x` and computes `Y = hash_to_curve(x)` - `Alice` sends to `Bob`: `T = Y + rG` with `r` being a random nonce - `Bob` sends back to `Alice` blinded key: `Q = kT` (these two steps are the DH key exchange) - `Alice` can calculate the unblinded key as `Q - rK = kY + krG - krG = kY = Z` - Alice can take the pair `(x, Z)` as a token and can send it to `Carol`. - `Carol` can send `(x, Z)` to `Bob` who then checks that `k*hash_to_curve(x) == Z`, and if so treats it as a valid spend of a token, adding `x` to the list of spent secrets.