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| crescendo | in the construction of a schnorr signature, is it not possible to extend the number of total (or required) participants? | 12:34 |
|---|---|---|
| gmaxwell | it's not clear what you're thinking. | 12:38 |
| gmaxwell | (to me) | 12:38 |
| nsh | maybe: does an implementation incur an upper limit to m or n in schnorr m-of-n signature schemes, or can you make an implementation where either can be arbitrarily high? | 12:40 |
| crescendo | can we change m or n after an m-of-n schnorr agreement is constructed without requiring another round of key exchange? | 12:41 |
| crescendo | ah, yes, nsh thanks | 12:41 |
| nsh | oh, after construction would be a harder ask i'd guess | 12:41 |
| waxwing | crescendo: the paper i linked above treats that more like an attack than a feature :) | 12:42 |
| crescendo | yeah, reading through it now – perhaps there is an out-of-band protocol to be defined about an existing construction forming consensus on adding a new n, then reconstructing | 12:43 |
| gmaxwell | in a plain schnorr threshold signature to change the threshold you'd need to reshare the key. | 12:44 |
| gmaxwell | (either start over completely, or do an MPC protocol that regenerates shares) | 12:44 |
| gmaxwell | there are other schnorr threshold signature schemes where the threshold could just be changed by twiddling the pubkey, however. | 12:45 |
| crescendo | such as? also, MPC protocol? | 12:47 |
| gmaxwell | e.g. the polysig scheme I described allows selecting the policy by modifying the pubkey. | 12:48 |
| gmaxwell | crescendo: multiparty computation. | 12:48 |
| nsh | described where, gmaxwell? | 12:49 |
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| gmaxwell | http://www.meetup.com/SF-Bitcoin-Devs/events/220908687/ second segment | 12:53 |
| nsh | ty | 12:55 |
| * nsh wonders about smart-contracts via polysig aggregation rather than script operations | 12:57 | |
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| amiller | weird | 21:18 |
| amiller | has anyone been puzzled by the difference between unspent-transaction-outputs like in Bitcoin, and "accounts" like in Ethereum? | 21:19 |
| amiller | it's just a minor data structure difference, so it seems like it shouldn't matter one way or the other | 21:19 |
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| amiller | probably everyone will work out that there might be a utxo storage savings to have with ethereum-style account balances if addresses are reused a lot, and in bitcoin we're supposed to encourage fresh addresses mostly | 21:20 |
| amiller | here's the new weird observation - the bitcoin transaction graph data structure would be well suited to an even weaker asynchronous network where transactions we're even totally ordered in blocks | 21:21 |
| gmaxwell | amiller: "zomg use accounts" is a common ignorant newbie mistake; missing e.g. the requirement to avoid replay vulnerablity; once you engineer in the replay immunity and the ability to selectively conflict inputs, and privacy then they're very close. | 21:21 |
| gmaxwell | Weren't even totally ordered in blocks? indeed-- well if not for double spending bitcoin would work fine without the blockchain at all. :) | 21:22 |
| amiller | there are some well studied traditional (e.g., a PKI and fixed set of N nodes) asynchronous protocols for 'multi-valued consensus' that could gurantee eventual global agreement on how each transaction output gets spent | 21:23 |
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| amiller | *but*, if there are two possible conflicting transactions propagating around, it is possible that the utxo gets marked with a default/unspendable value rather than a transaction | 21:23 |
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