📅 Original date posted:2018-02-05
📝 Original message:On Mon, Feb 5, 2018 at 3:56 PM, Ryan Grant <bitcoin-dev at rgrant.org> wrote:
> Am I reading correctly that this allows unilateral key rotation (to a
> previously unknown key), without invalidating the interests of other
> parties in the existing multisig (or even requiring any on-chain
> transaction), at the cost of storing the signed delegation?
Yes, though I'd avoid the word rotation because as you note it doesn't
invalidate the interests of any key, the original setup remains able
to sign. You could allow a new key of yours (plus everyone else) to
sign, assuming the other parties agree... but the old one could also
still sign.
Gregory Maxwell [ARCHIVE] /
npub1f2…crwet
2023-06-07 18:10:29
in reply to nevent1q…k9dm
Author Public Key
npub1f2nvlx49er5c7sqa43src6ssyp6snd4qwvtkwm5avc2l84cs84esecrwetPublished at
2023-06-07 18:10:29Event JSON
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"id": "377a4e5945ae76caec911b1c0afc0fa055764150f1bd31ad0d3171cf07906492",
"pubkey": "4aa6cf9aa5c8e98f401dac603c6a10207509b6a07317676e9d6615f3d7103d73",
"created_at": 1686161429,
"kind": 1,
"tags": [
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"content": "📅 Original date posted:2018-02-05\n📝 Original message:On Mon, Feb 5, 2018 at 3:56 PM, Ryan Grant \u003cbitcoin-dev at rgrant.org\u003e wrote:\n\u003e Am I reading correctly that this allows unilateral key rotation (to a\n\u003e previously unknown key), without invalidating the interests of other\n\u003e parties in the existing multisig (or even requiring any on-chain\n\u003e transaction), at the cost of storing the signed delegation?\n\nYes, though I'd avoid the word rotation because as you note it doesn't\ninvalidate the interests of any key, the original setup remains able\nto sign. You could allow a new key of yours (plus everyone else) to\nsign, assuming the other parties agree... but the old one could also\nstill sign.",
"sig": "514593ccb51a4455d8ec8aba050926ec1dfe49f54f80b915fc61a66845382bdc2c4b88cab9befe75c0f6988262f6ba2b5ffe628074240c87be3f765e1f6d0759"
}