Rusty Russell [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-30 📝 Original message: Jeremy Rubin <jr at ...
📅 Original date posted:2015-08-30
📝 Original message:
Jeremy Rubin <jr at mit.edu> writes:
> Negotiating & Committing Signatures
> ============================
>
> In this proposal, I suggest the addition of new types of signature schemes
> to Bitcoin, and running lightning over multi signature of the
> variants to utilize the advantages of multiple signature schemes without
> the drawbacks.
Hi Jeremy,
Such a hybrid would certainly be possible (though getting novel
crypto into bitcoin is a large task).
You refer to an "order or magnitude" increase in pubkey and signature
sizes, but signatures of even 64k wouldn't make much logistical
difference to the LN. Giant pubkeys might be a logistical issue, though
using the bitcoin trick of referring to them via their RIPEMD160 should
work there, too.
Cheers,
Rusty.
Published at
2023-06-09 12:44:17Event JSON
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"content": "📅 Original date posted:2015-08-30\n📝 Original message:\nJeremy Rubin \u003cjr at mit.edu\u003e writes:\n\u003e Negotiating \u0026 Committing Signatures\n\u003e ============================\n\u003e\n\u003e In this proposal, I suggest the addition of new types of signature schemes\n\u003e to Bitcoin, and running lightning over multi signature of the\n\u003e variants to utilize the advantages of multiple signature schemes without\n\u003e the drawbacks.\n\nHi Jeremy,\n\n Such a hybrid would certainly be possible (though getting novel\ncrypto into bitcoin is a large task).\n\nYou refer to an \"order or magnitude\" increase in pubkey and signature\nsizes, but signatures of even 64k wouldn't make much logistical\ndifference to the LN. Giant pubkeys might be a logistical issue, though\nusing the bitcoin trick of referring to them via their RIPEMD160 should\nwork there, too.\n\nCheers,\nRusty.",
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