From: "Jan Møller" <jan.moller@gmail•com>
To: Nikita Schmidt <nikita@megiontechnologies•com>
Cc: bitcoin-development <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Presenting a BIP for Shamir's Secret Sharing of Bitcoin private keys
Date: Tue, 22 Apr 2014 10:06:09 +0200 [thread overview]
Message-ID: <CABh=4qNaJht-MnnjEguZ=UOuXN3uQ-s4-dkDUVErbHj6W44J_g@mail.gmail.com> (raw)
In-Reply-To: <CAC7yFxR7XWtFSMeHgbMZOMKbr+kK_7Ezb7zBUQP08rfC0am9sQ@mail.gmail.com>
[-- Attachment #1: Type: text/plain, Size: 2072 bytes --]
This is a very useful BIP, and I am very much looking forward to
implementing it in Mycelium, in particular for bip32 wallets.
To me this is not about whether to use SSS instead of multisig
transactions. In the end you want to protect a secret (be it a HD master
seed or a private key) in such a way that you can recover it in case of
partial theft/loss. Whether I'll use the master seed to generate keys that
are going to be used for multisig transactions is another discussion IMO.
A few suggestions:
- I think it is very useful to define different prefixes for testnet
keys/seeds. As a developer I use the testnet every day, and many of our
users use it for trying out new functionality. Mixing up keys meant for
testnet and mainnet is bad.
- Please allow M=1. From a usability point of view it makes sense to allow
the user to select 1 share if that is what he wants.
I have no strong opinions of whether to use GF(2^8) over Shamir's Secret
Sharing, but the simplicity of GF(2^8) is appealing.
- Jan
On Fri, Apr 11, 2014 at 12:31 AM, Nikita Schmidt <
nikita@megiontechnologies•com> wrote:
> > What do you think a big-integer division by a word-sized divisor *is*?
> Obviously rolling your own is always an option. Are you just saying that
> Base58 encoding and decoding is easier than Shamir's Secret Sharing because
> the divisors are small?
>
> Well, yes, to be fair, in fact it is. The small divisor and lack of
> modulo arithmetic make base-58 encoding and decoding noticeably
> smaller and easier than Shamir's Secret Sharing over GF(P256).
>
>
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next prev parent reply other threads:[~2014-04-22 8:06 UTC|newest]
Thread overview: 90+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-04-03 12:41 Nikita Schmidt
2014-04-03 21:42 ` Matt Whitlock
2014-04-04 13:51 ` Nikita Schmidt
2014-04-04 14:14 ` Gregory Maxwell
2014-04-04 16:05 ` Matt Whitlock
2014-04-04 16:25 ` Gregory Maxwell
2014-04-04 16:36 ` Matt Whitlock
2014-04-04 17:08 ` Gregory Maxwell
2014-04-04 17:16 ` Matt Whitlock
2014-04-04 17:51 ` Gregory Maxwell
2014-04-04 18:53 ` Matt Whitlock
2014-04-04 16:03 ` Matt Whitlock
2014-04-08 0:33 ` Nikita Schmidt
2014-04-08 0:38 ` Gregory Maxwell
2014-04-08 1:46 ` Matt Whitlock
2014-04-08 2:07 ` Gregory Maxwell
2014-04-08 11:52 ` Matt Whitlock
2014-04-10 22:31 ` Nikita Schmidt
2014-04-22 8:06 ` Jan Møller [this message]
2014-04-22 8:11 ` Matt Whitlock
2014-04-22 8:27 ` Jan Møller
2014-04-22 8:29 ` Matt Whitlock
2014-04-22 8:39 ` Jan Møller
2014-04-22 8:43 ` Matt Whitlock
2014-04-22 8:51 ` Jan Møller
2014-04-22 9:13 ` Matt Whitlock
2014-04-22 11:50 ` Justin A
2014-04-22 8:35 ` Matt Whitlock
2014-04-22 8:39 ` Tamas Blummer
2014-04-22 8:40 ` Matt Whitlock
2014-04-22 8:43 ` Tamas Blummer
2014-04-22 8:47 ` Matt Whitlock
2014-04-22 8:50 ` Tamas Blummer
2014-04-22 15:32 ` Mark Friedenbach
2014-04-22 15:49 ` Tamas Blummer
2014-04-22 17:03 ` Mark Friedenbach
2014-04-22 17:07 ` Jan Møller
2014-04-22 18:29 ` Tamas Blummer
2014-04-22 18:46 ` Gregory Maxwell
2014-04-23 5:33 ` Tamas Blummer
2014-04-23 6:16 ` Gregory Maxwell
2014-05-05 19:36 ` Nikita Schmidt
2014-05-12 12:09 ` Jan Møller
2014-08-14 19:23 ` Nikita Schmidt
2014-04-22 13:37 ` Nikita Schmidt
2014-04-22 8:15 ` Gregory Maxwell
2014-04-22 8:49 ` Jan Møller
[not found] <CACsn0ckScTWG4YxNCscxvtdsmcUkxtR2Gi-rdBs2HCkirPz5rA@mail.gmail.com>
2014-03-29 15:44 ` Matt Whitlock
2014-03-29 16:59 ` Alan Reiner
2014-03-29 17:19 ` Matt Whitlock
2014-03-29 17:52 ` Alan Reiner
2014-03-29 18:00 ` Matt Whitlock
2014-03-29 18:08 ` Alan Reiner
2014-03-29 18:10 ` Matt Whitlock
[not found] ` <CAAt2M18j7bGDsKouVw+e4j+FMiJ4vK6-sx+nrkwHyiKLqiH7Jg@mail.gmail.com>
2014-03-29 19:34 ` Natanael
2014-04-04 2:38 ` Jeff Garzik
2014-03-29 18:16 ` Tamas Blummer
2014-03-29 18:41 ` Alan Reiner
2014-03-29 17:28 ` Roy Badami
2014-03-29 17:42 ` Matt Whitlock
2014-03-29 17:51 ` Roy Badami
2014-03-29 17:28 ` devrandom
[not found] ` <1396113933.8809.91.camel@mimiz>
2014-03-29 17:38 ` Matt Whitlock
2014-03-29 17:46 ` Gregory Maxwell
2014-03-29 19:49 ` Tamas Blummer
2014-03-29 17:48 ` devrandom
2014-03-29 17:51 ` Matt Whitlock
2014-03-29 17:56 ` devrandom
-- strict thread matches above, loose matches on Subject: below --
2014-03-29 8:05 Matt Whitlock
2014-03-29 8:34 ` Tamas Blummer
2014-03-29 8:44 ` Tamas Blummer
2014-03-29 8:51 ` Matt Whitlock
2014-03-29 8:54 ` Matt Whitlock
2014-03-29 16:54 ` Matt Whitlock
2014-03-29 17:37 ` Tamas Blummer
2014-03-29 9:08 ` Chris Beams
2014-03-29 9:31 ` Matt Whitlock
2014-03-29 11:16 ` Matt Whitlock
2014-03-29 11:54 ` Chris Beams
2014-03-29 13:27 ` Jeff Garzik
2014-03-29 13:36 ` Mike Hearn
2014-03-29 13:38 ` Tamas Blummer
2014-03-29 14:10 ` Matt Whitlock
2014-03-29 14:19 ` Jeff Garzik
2014-03-29 14:55 ` Matt Whitlock
2014-03-29 15:04 ` Mike Hearn
2014-03-29 14:28 ` Watson Ladd
2014-03-29 14:36 ` Gregory Maxwell
2014-03-29 15:01 ` Matt Whitlock
2014-03-29 9:21 ` Chris Beams
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