mrdot on Nostr: But you have to unlock it first to spend it and you lock it again for the recipient. ...
But you have to unlock it first to spend it and you lock it again for the recipient. You don’t really change the lock, you just move bitcoin behind a new lock.
I mean I’m not sure about all the technicals details here and am sure that there’s a reason why what I‘m thinking of won’t work.
But from what I heard it it possible using FROST to add and remove required signatures from a multisig without an onchain tx. (So changing the lock without unlocking it)
Published at
2023-12-21 21:59:41Event JSON
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"pubkey": "4b0fed68f7f8767a054dd8bf57fed1feb76b9e645a976f0668dc97cfdc81a9b2",
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"content": "But you have to unlock it first to spend it and you lock it again for the recipient. You don’t really change the lock, you just move bitcoin behind a new lock.\n\nI mean I’m not sure about all the technicals details here and am sure that there’s a reason why what I‘m thinking of won’t work.\n\nBut from what I heard it it possible using FROST to add and remove required signatures from a multisig without an onchain tx. (So changing the lock without unlocking it)",
"sig": "6c1a0e7c4cfc6ec5e78028590bbc5fac8541f30cc355828b911a2641048e805a16b49c2f351a73cb47209572ff743787f83dc47db17c0c0124f2b11d92a3e45a"
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