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08:52 < fiatjaf> why can't the onions be encrypted with each node's public key directly instead of using some odd key derivation, ECDH and shared secrets?
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10:24 < cdecker> You almost never do public key encryption on an arbitrary length message because of the math involved would be prohibitive. So what you'd do instead is to generate a random secret and encrypt that using public key crypto, but then you have that random secret to transfer for each hop.
10:24 < cdecker> Sphinx is more efficient in that it only uses a single 33 byte ephemeral key to derive all shared secrets along the entire path, saving us up to 660 bytes on the length of the onion
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--- Log closed Tue Nov 05 00:00:56 2019