Gregory Maxwell [ARCHIVE] on Nostr: 📅 Original date posted:2018-09-11 📝 Original message:On Tue, Sep 11, 2018 at ...
📅 Original date posted:2018-09-11
📝 Original message:On Tue, Sep 11, 2018 at 5:20 PM Erik Aronesty <erik at q32.com> wrote:
> The security advantages of a redistributable threshold system are huge. If a system isn't redistributable, then a single lost or compromised key results in lost coins... meaning the system is essetntially unusable.
>
> I'm actually worried that Bitcoin releases a multisig that encourages loss.
There is no "non- edistributiable multisig" proposed for Bitcoin
anywhere that I am aware of.
📝 Original message:On Tue, Sep 11, 2018 at 5:20 PM Erik Aronesty <erik at q32.com> wrote:
> The security advantages of a redistributable threshold system are huge. If a system isn't redistributable, then a single lost or compromised key results in lost coins... meaning the system is essetntially unusable.
>
> I'm actually worried that Bitcoin releases a multisig that encourages loss.
There is no "non- edistributiable multisig" proposed for Bitcoin
anywhere that I am aware of.