Can you explain what this means, for the interested layman?
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Bulletproofs are used to prove that the coins are within a range. IPA is a building block. They are a fundamental for building blinded amount ecash. And with blinded amount ecash, you can have ANY amount ecash, which makes ultrasmall wallets possible.
Oh boy... please imagine talking to a 2 year old child when attempting to explain this concept... we're literally on that level. Would be really helpful to have a rough but understandable concept to wrap our (very interested, but limited) minds around