Matt Whitlock [ARCHIVE] on Nostr: 📅 Original date posted:2014-03-29 📝 Original message:On Saturday, 29 March ...
📅 Original date posted:2014-03-29
📝 Original message:On Saturday, 29 March 2014, at 10:48 am, devrandom wrote:
> On Sat, 2014-03-29 at 13:38 -0400, Matt Whitlock wrote:
> > Threshold ECDSA certainly sounds nice, but is anyone working on a BIP
> > for it? I would take it on myself, but I don't understand it well
> > enough yet, and publicly available information on it seems lacking. I
> > proposed this Shamir Secret Sharing BIP as an easily understood, easily
> > implemented measure that we can use today, with no changes to existing
> > Bitcoin software. It's low-hanging fruit.
>
> Good points, although multisig is catching on quickly in the ecosystem.
> AFAIK, all production wallets can send to p2sh addresses.
As far as I know, Blockchain.info wallets still can't send to P2SH addresses. This was a *major* roadblock in the Bitcoin project that I've been working on for the past several months, and it was the impetus for my creating this Shamir Secret Sharing implementation in the first place.
Published at
2023-06-07 15:16:44Event JSON
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"content": "📅 Original date posted:2014-03-29\n📝 Original message:On Saturday, 29 March 2014, at 10:48 am, devrandom wrote:\n\u003e On Sat, 2014-03-29 at 13:38 -0400, Matt Whitlock wrote:\n\u003e \u003e Threshold ECDSA certainly sounds nice, but is anyone working on a BIP\n\u003e \u003e for it? I would take it on myself, but I don't understand it well\n\u003e \u003e enough yet, and publicly available information on it seems lacking. I\n\u003e \u003e proposed this Shamir Secret Sharing BIP as an easily understood, easily\n\u003e \u003e implemented measure that we can use today, with no changes to existing\n\u003e \u003e Bitcoin software. It's low-hanging fruit.\n\u003e \n\u003e Good points, although multisig is catching on quickly in the ecosystem.\n\u003e AFAIK, all production wallets can send to p2sh addresses.\n\nAs far as I know, Blockchain.info wallets still can't send to P2SH addresses. This was a *major* roadblock in the Bitcoin project that I've been working on for the past several months, and it was the impetus for my creating this Shamir Secret Sharing implementation in the first place.",
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