vnprc on Nostr: Excellent summary. At a low level I think it's also important to point out that ...
Excellent summary. At a low level I think it's also important to point out that Schnorr sigs allow us to remove multisignature complexity from bitcoin consensus. ECDSA multisignature operations are performed in bitcoin script which reduces privacy and increases blockspace usage. Taproot multisig all happens off-chain, which brings huge benefits that are still being explored with novel protocols.
Published at
2024-11-19 14:08:08Event JSON
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"content": "Excellent summary. At a low level I think it's also important to point out that Schnorr sigs allow us to remove multisignature complexity from bitcoin consensus. ECDSA multisignature operations are performed in bitcoin script which reduces privacy and increases blockspace usage. Taproot multisig all happens off-chain, which brings huge benefits that are still being explored with novel protocols.",
"sig": "0de1e4981e1411dba4b6969139b855cae85e79449417c96e951b1c65ecfa609901c3cdb48ffe4f631b30019eed05edebb343594deb399ccff83888eafe9f6dfc"
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