📅 Original date posted:2014-03-29
📝 Original message:Abstract: A method is described for dividing a Bitcoin private key into shares in a manner such that the key can be reconstituted from any sufficiently large subset of the shares but such that individually the shares do not reveal any information about the key. This method is commonly known as Shamir's Secret Sharing Scheme. Additionally, an encoding methodology is proposed to standardize transmission and storage of shares.
Complete BIP: https://github.com/whitslack/btctool/blob/bip/bip-xxxx.mediawiki
I am looking to have this BIP assigned a number and added to the bitcoin/bips repository. I invite any comments, questions, or suggestions.
Matt Whitlock [ARCHIVE] /
npub17q…upwet
2023-06-07 15:16:34
in reply to nevent1q…7l2h
Author Public Key
npub17qxssk9sj2r7jswvh3y32e7vwz7mcckhz33gk9nurdmw0lhsfkgswupwetPublished at
2023-06-07 15:16:34Event JSON
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"pubkey": "f00d0858b09287e941ccbc491567cc70bdbc62d714628b167c1b76e7fef04d91",
"created_at": 1686150994,
"kind": 1,
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"content": "📅 Original date posted:2014-03-29\n📝 Original message:Abstract: A method is described for dividing a Bitcoin private key into shares in a manner such that the key can be reconstituted from any sufficiently large subset of the shares but such that individually the shares do not reveal any information about the key. This method is commonly known as Shamir's Secret Sharing Scheme. Additionally, an encoding methodology is proposed to standardize transmission and storage of shares.\n\nComplete BIP: https://github.com/whitslack/btctool/blob/bip/bip-xxxx.mediawiki\n\nI am looking to have this BIP assigned a number and added to the bitcoin/bips repository. I invite any comments, questions, or suggestions.",
"sig": "3f46eaefe8d9c7cdcea8455bbb86df678c4c5c9c80fee9d81de0e04c04a3697e6485bdebcd74d39ccec73a14009d44c28874190cabcacbb4048141fe675935be"
}