P2QRH / BIP-360 Update

In the discussion about the mechanics of spending coins within a cryptocurrency context, it is emphasized that for coins to be spent, an attestation must include a valid signature. This requirement persists irrespective of the multisig's complexity, such as in a 1/1024 multisig scenario, where a valid public key signature pair is mandatory. Furthermore, the conversation touches upon the use of a merkle path as a method for encoding arbitrary data. However, this approach is presented as highly impractical due to its complexity and the limited amount of data (32 bytes at a time) it can handle efficiently. This insight into the intricacies of cryptocurrency transactions highlights both the technical challenges and considerations involved in the secure and functional design of digital currencies.