Schnorr signatures BIP

Sep 5 - Sep 5, 2018

  • On September 5th, 2018, Erik Aronesty via bitcoin-dev reposted a broken scheme originally posted on Bitcointalk.

However, there was no response to the original post. The scheme is an M-of-N Bitcoin multisig solution. Despite the author's assertion that it is "so trivial nobody really talks about it," the vague proposal raises concerns about security and functionality. The proposed solution either does not work at all or is less secure than existing solutions. In contrast, musig provides proper delineation and interaction for a secure and functional multisig solution. When Pieter Wuille suggests a CAS implementation, he refers to a Sage notebook that allows for precise communication in both directions.

Bitcoin Logo

TLDR

Join Our Newsletter

We’ll email you summaries of the latest discussions from authoritative bitcoin sources, like bitcoin-dev, lightning-dev, and Delving Bitcoin.

Explore all Products

ChatBTC imageBitcoin searchBitcoin TranscriptsSaving SatoshiBitcoin Transcripts Review
Built with 🧡 by the Bitcoin Dev Project
View our public visitor count

We'd love to hear your feedback on this project?

Give Feedback