Schnorr signatures BIP
Posted by Gregory Maxwell
Sep 11, 2018/17:27 UTC
In an email conversation, Erik Aronesty highlighted the importance of a redistributable threshold system for security purposes. He stated that if a system is not redistributable, the loss or compromise of a single key could result in lost coins, making the system unusable. He expressed concern over Bitcoin releasing a multisig that encourages loss. However, it was pointed out that there is currently no proposal for a non-redistributable multisig for Bitcoin.
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