Blockstream is working on simpler, more private multisig Bitcoin transactions

posted 26 days ago
Bitcoin’s long-awaited Taproot upgrade is on the horizon, and the engineers at Blockstream are working on a new scheme to improve multi-signature transactions. This upgrade implements Schnorr signatures into Bitcoin’s codebase, a cryptographic signature scheme that will make creating and executing smart contracts easier on the network.

Blockstream engineers Jonas Nick and Tim Ruffing lay out a new multi-signature design that would reduce the technical complexity of multi-signature transactions in a way that still preserves privacy.
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