What are the use cases of a ring signature? What does Alice hope to accomplish by arranging for only Bob to be able to verify a thing?
It's intended for situations where Alice and Bob wish to communicate digitally with some degree of privacy and authenticity. At the moment, using software like GnuPG (which is a free and open source implementation of OpenPGP), Alice can encrypt her messages to Bob to provide privacy, and she can also digitally sign her messages to provide authenticity (i.e., a cryptographic proof that she wrote the message).
Unfortunately, using such a system, Alice might worry that Bob could show others her messages and signatures, thus proving to others that she wrote and...
This is the supposedly-bimonthly-but-we-keep-skipping 'What are you working On?' thread. Previous threads are here. So here's the question:
What are you working on?
Here are some guidelines: