Monero Triptych, released on 6th January 2020, promises logarithmic-size ring signatures delivering unmatched security. The Monero Research Lab (MRL) developed the new mechanism in a bid to increase further the security of Monero that is already well known for its security credentials. The proposed reduction in signature size will help increase the security and privacy quotient of the coin significantly. Monero is already identified in the crypto industry as a privacy-focused coin that employs various mechanisms to hide the users’ transaction details. Monero Triptych update brings more privacy quotient Ring signatures serve as the primary line of defense preventing hackers